Primary loan approval
Secure approval or a term sheet from the primary or hard-money lender.
Business-purpose real estate funding
GAP Funding.
The money that closes the gap.
When your approved primary loan does not cover the full amount required to close an investment property, GAP funding may cover the verified, approved shortage so the transaction can reach the closing table.
What GAP funding means
Short-term. Transaction-specific.
GAP funding is short-term financing for an approved funding shortage in a business-purpose real estate transaction. It works alongside your primary or hard-money loan and is based on the actual numbers required for the approved closing.
Where it fits in the flip process
From approval to closing.
Verify the shortage
Blitz reviews the contract, borrower contribution, closing costs and every source of funds.
Fund at closing
If finally approved, funds are disbursed in connection with the closing—not advanced to the borrower beforehand.
Execute the exit
Complete the project and repay according to the separate written GAP funding agreement.
Approved uses
What the gap may cover.
Every request is reviewed using the purchase contract, primary loan, settlement figures and documented borrower funds.
Borrower contribution
An approved portion of the down payment or cash contribution required by the primary lender.
Closing costs
Verified title, lender and transaction costs reflected in the approved closing figures.
Acquisition shortage
The documented difference between approved available funds and the amount required to acquire the property.
Approved transaction costs
Other eligible costs specifically reviewed and approved in writing for the closing.
GAP funding is not cash in advance.
GAP funds are not provided directly to the borrower before closing. Do not rely on GAP funding for earnest money, inspections, appraisals, deposits or other pre-closing expenses unless Blitz specifically approves the use in writing.
Blitz uses the information and documents you provide to evaluate your request and connect or match you with potential financing lenders. The financing lender may request or require additional information, documents, explanations, authorizations, verification or conditions beyond those listed by Blitz.
An application, conversation, quote, preliminary review or conditional approval is not a commitment or guarantee to match, approve or fund.
Before underwriting
Prepare the file.
A complete file helps Blitz verify the deal and determine whether the risk is supportable.
Contract + earnest money
Executed purchase contract, all amendments and proof the required earnest money has been deposited.
Primary lender
Approval or term sheet from the primary or hard-money lender, including loan amount and outstanding conditions.
Title + closing
Title company, title or escrow agent, closing file information and preliminary settlement figures when available.
Entity + banking
LLC documents, EIN, photo ID and the most recent three complete months of business bank statements.
Project + exit
Scope of Work, Draw Sheet, rehab budget, valuation support when requested and a clear exit strategy.
Property-specific request
GAP Funding Inquiry
Tell us exactly which investment property needs GAP funding and how the funds will be used. This is an initial inquiry—not a loan application or approval.
Protect your information: Enter only the last four digits of your Social Security number. Never submit a full SSN through this inquiry form.