Why Was My Mortgage Loan Declined?
There are many reasons why you could have your loan declined by our risk analysts or our private lenders. Here are a few reasons and some tips on what you can do. Over 50% Loan to Value (LTV) Our lenders…
Need a Line of Credit?
Gap Equity Loans provides asset-backed, fixed, secured lines of credit. What does that mean, exactly? We offer a set amount of cash based on our valuation of a fixed asset, usually real estate. Unlike a traditional mortgage, where you make…
Create a Will and Get Life Insurance in Costa Rica
You need a will and life insurance in Costa Rica for the purpose of Estate Planning. When moving to Costa Rica, for some strange reason, people often think that they don't need estate planning. It is so important to address…
Qualifications of Home Equity Loans
Also known as second mortgages, home equity loans let you borrow money based on the equity that you have in your home. Understanding how home equity loan qualifications work will help you know when to take advantage of and when…
How to Qualify For a Home Equity Loan With Us
For whatever reason, you need a home equity loan, a short-term mortgage using your home as collateral. You're trying to figure out the easiest and quickest way to accomplish this. One would assume you would google mortgages in Costa Rica.…
How to Refinance Your Loan
Gap Equity Loans performs due diligence on a property to accurately determine how to refinance your loan. The more we understand your property, location and your current situation, the faster and easier we can facilitate a loan for you through…
How To Buy A Home With 100% Financing
So, how do you get financing for the purchase of your home in Costa Rica when the banks won’t help you? 100% financing is the answer! Here is a scenario: an expat without residency in Costa Rica. Let’s assume you…
6 Ways To Creatively Fund Your Land Development Project
In land development, many factors determine the success of a project. One of them is the ability to secure the necessary financing to complete the land development project. There was a time that finding funding for a land development project…
How An Equity Loan Can Help You
If you own your home, then you may be able to access the benefits of an equity loan or private mortgage. Today, around the country there are many homeowners who benefit from private mortgages when they cannot qualify for traditional bank mortgages. Whether…
No Mortgage Loan Is Perfect
Everyone wants to obtain their mortgage loan quickly -- but no mortgage in Costa Rica starts out perfectly. At Gap Equity Loans we work to correct many issues involving properties in order to secure a mortgage. For example, we've seen…