Are you looking for GAP Funding for your next project?
We have some options for you!
What is GAP Funding?
Gap Financing is a term mostly associated with mortgage loans or property loans. It is an interim loan given to finance the difference between the down payment and the maximum percentage loan given.
How We Can Help You
Every Possibility LLC has partnered with Iconic Enterprise, a funding program that provides unsecured financing to qualified applicants. We can help you acquire up to $400K with no collateral, no down payment, no-prepayment penalties, and no upfront cost.
This money can be used for down payment assistance on your investment property purchase aka covering the GAP. Excellent for rehabbers or buy and hold rentals. These are short-term loans that can help cover what most lenders do not want to cover.
How Many Lenders Do We Have Access To?
We have a network of over 230+ funding sources consisting of banks, credit unions, and private lenders. The lenders’ loan rates and terms are determined by the individual’s credit profile and verified income.
Additionally, we have full-time attorneys on staff who help negotiate with our lenders to obtain the best rates and terms for the loan on your behalf. When you work with our team, you can rest assured that we’re doing everything in our power to help get you the best possible outcome.
What are the Requirements?
W2 employee or Self Employed
● 650+ Credit Scores: Must be reporting on all 3 credit bureaus
● 2+ years of clean credit history: No recent late payments, no judgments,
collections, or liens. Bankruptcies must be discharged for a minimum of 2 years.
● No new accounts in the last 6 months (Credit cards, increasing credit, Personal
Loans, Refinances, Mortgages, etc.)
● 60% or Lower Revolving Debt on each credit card
● No More than 6 inquiries on ALL credit bureau in the last 6 months
● $27,000+ of annual income for a W2 employee
● For self-employed persons – $50,000+ in Gross Revenue with Adjusted Gross
Income (AGI) Over $27,000. Must be in business a minimum of 2 years
We will talk about goals and check if you meet our requirements
We will gather basic information and gather supporting documentation.
Once approved. You should see your money within 5 business days.
Do you need to know your FICO scores from all 3 bureaus? Click HERE to find out.
Get your credit report for $1 Click Here
The loan process typically takes about 5-7 business days. Approvals happen in as little
as 24 hours. This means you can see your money within 1-5 business days after you’re
You can contact me by email at firstname.lastname@example.org or call 469-722-1788