A loan that fills the difference between a construction loan and a permanent loan.
Related information about gap loan:
- Auto Insurance Coverage - GAP Loan Coverage
Gap / Loan Coverage. Gap or also referred to as Loan Coverage is for autos that have a Loan on them. The intention is for this coverage to pay the difference ...
- Gap Loan: Definition from Answers.com
Loan filling the difference between the floor loan and the full amount of the permanent loan. For example, a developer arranges a permanent mortgage that.
- gap loan
Gap Loan. A loan that covers the difference between the full amount of the permanent loan and the floor loan. For instance, John builds an apartment complex ...
- NEDAP - NYC Foreclosure Prevention Gap Loan Program
NYC Foreclosure Prevention Gap Loan Program. NEDAP's Foreclosure Prevention Gap Loan Program helps low and moderate income NYC homeowners at ...
- gap loan Definition | Business Dictionaries from AllBusiness.com
From completion of construction until 80% occupancy is reached, the mortgage is only $700,000. The developer arranges a gap loan of $300,000 for the rent-up ...
- GAP Loan Program - City of Lathrop
Feb 17, 2011 ... WHAT IS THE GAP LOAN PROGRAM? The City of Lathrop GAP Loan Program provides deferred down payment assistance loans, 10% of the ...
- Gap Loans
A "gap loan" is more commonly known as a "bridge loan." A gap loan enables you to get the money you need for a down payment on a new home while your ...
- What is gap loan? definition and meaning
Definition of gap loan: A loan that fills the difference between a construction loan and a permanent loan.