Are there Hard Money Lenders that still do Gap Loans?

Question

Are there Hard Money Lenders that still do Gap Loans with simple underwriting and low origination fees? Why has this type of product disappeared?

Miranda Holland · Answer

Hi James,

Yes, there are still hard money lenders that offer gap loans with straightforward underwriting and competitive origination fees, but they are becoming harder to find. The market has shifted in recent years, and many lenders have tightened their criteria due to increased risk and regulatory changes.

However, I work with a network of private lenders who unsecured funding in the form of signature loans that borrowers often use for gap funding. If you're interested, feel free to connect with me.

Stacy Patel · Answer

Hi James,

Great question! Gap loans can be a bit harder to find these days, but there are still some hard money lenders who offer them.

Connect with other investors or join real estate investment forums. Experienced investors often have recommendations for lenders who still provide gap loans.

Chris Seveney · Answer

@James McGovern

What do you mean by gap? You mean 2nd position to cover balance of down payment or a bridge ?

There are tons of loan products out there but low fees is rare because everything is a lot more expensive nowadays

Gap lending is too risky as prices are slowing/falling in many markets.

Are there Hard Money Lenders that still do Gap Loans?

Are there Hard Money Lenders that still do Gap Loans?

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