A “gap” in a loan structure usually occurs due to a collateral shortfall. As such most gap lenders have no fixed collateral requirements. However, this will vary case-by-case based on the overall risk inherent in the transaction.
A “gap” in a loan structure usually occurs due to a collateral shortfall. As such most gap lenders have no fixed collateral requirements. However, this will vary case-by-case based on the overall risk inherent in the transaction.
0