Earn money by referring borrowers to us

March 10, 2023
Articles, Borrow, Borrowing

Would you like to earn money by referring borrowers to us with collateral as a property to put up as a first-place mortgage? Are you seeking additional ways to bolster your income stream by leveraging the power of the internet? Perhaps you’re looking for a trustworthy, reliable moneylender for your loved ones, colleagues, or acquaintances. So, if so, then you’ve stumbled upon an ideal opportunity! Our lucrative referral program is your gateway to earning monetary rewards by recommending potential borrowers to our website. In this comprehensive article, we’ll explain the ins and outs of our program and help you take advantage of this opportunity.

Our referral program is an exceptional money-making machine that seeks to reward individuals who successfully refer new borrowers to us. When you refer someone to us, and they apply for and receive a loan successfully, we will gratify you with a cash bonus. The magnitude of this bonus is contingent on the loan amount. We will let you know the exact amount when the loan is finalized.

Referral Payment

A quick introduction to a borrower will be rewarded with a $250 USD referral fee for every $50,000 USD borrowed. For example, if the loan is $500,000 USD, you would make $2,500 at the close.

What are your responsibilities as a referral person? Well, none.

Please email us at info@gap.cr or WhatsApp to #506-8500-2085 with the potential borrower’s name and phone number, and that’s it! This will entitle you to the referral fee (when their loan has closed).

We are a full-time lending organization. Although our private lenders are lending about $1 million a month on average, we need your help!

Loan To Value (LTV)

Private lenders have more money to lend than outstanding loans. You might like to have a slight increase in your monthly paycheck. We are looking for great loans, and you can pick up a referral fee! What are the essential criteria for a loan? Simple, it must be below 50% of the loan to value or LTV (a number obtained by dividing the Loan Amount by The Property’s Value).

This is based on a fire sale price, not a retail price. A fire sale means the property is priced to be able to be sold as soon as possible such as in a month or two at tops.

We cannot emphasize enough that the loan amount must be below 50% of the sale price! We get many loan applications like this: “Value of property=$250,000 USD. Amount requested $125,000 USD” It’s always magical that the amount needed is precisely half the estimated property price. Remember that the higher the Loan to Value, the higher the interest rate. An example of an outstanding loan would be borrowing $100,000 USD against a $400,000 USD property.

Use of Loan

What is the money going to be used for? This is a fundamental question. Loan consolidation could be a better example of what private lenders seek.

If it is to expand your business or renovate your home to increase its property value, we are looking for this! This is also good news if you have had a good loan history and paid them down. Giving potential borrowers these tips will expedite the process, allowing you to receive your referral fees faster!

The preferred locations are:

Central Valley (GAM);
Costa Rica’s most visited beaches;
Other popular tourist areas (Arenal, Monteverde, etc.)

Conclusion

The lower the LTV percentage, the higher chance that the loan will be completed. What money will be used for and include it in the referral? For instance, if the money is used to increase the property value, it would increase the loan’s importance to private investors.

-Written by Glenn Tellier (Founder of Grupo Gap)

info@gap.cr

*Loan Request Form

Your Information

How Did You Hear About Us?

Other:

Referral Name:

Your Name:

Your Email Address:

Your Phone (if possible, include both home and mobile numbers)

Loan Request

Amount Requested:

Currency:

Use of Funds:

Collateral Property Details

Property Location: Please include Province, Town, and District

Approx. Land Area: (pick square meters or square feet)

Approx. Construction Area M2: (pick square meters or square feet)

Property Value:

Currency:

Property Description: Please include the age and condition of the property

What is/are your Land Survey (plano catastrado) or Lot number(s)? (optional)

I authorize Gap Equity Loans or its designee to verify the details provided on this form as to the validity and accuracy of the information provided.

I authorize Gap Equity Loans to disclose relevant details to its network of private investors, via means including but not limited to an "Investor Alert" e-mail, in order to secure a loan.

I authorize Gap Equity Loans to place relevant details to the GapInvestments.com web site for private investors to view and inquire, in order to secure a loan.

How do I sign up for the referral program?

There is no need to sign up; send us WhatsApp at #506-8500-2085 or an email with the client’s information you are referring to: info@gap.cr

How much can I earn through the referral program?

You will earn $250 USD referral fee for every $50,000 USD borrowed.

Can I refer someone who is not my family member or friend?

Yes, you can refer anyone to us as long as they are eligible for a loan.

Is there a limit to the number of people I can refer?

No, there is no limit to the number of people you can refer to our website.

How do I know if someone has used my referral link to apply for a loan?

Once the loan is approved, we’ll track all referrals through your unique link and credit you with the bonus.

Contact us for more information, or fill out a loan request now!

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