Gap Loan
Short-term funding to complete settlement when valuations or equity fall short.
When settlements fall short
Sometimes everything is approved — except the numbers don't quite meet in the middle. A Gap Loan provides short-term funding to cover valuation shortfalls or equity gaps so settlements can still complete on time.
Product snapshot
Key details
Position in the capital stack
Senior LVR below 65%
No Deed of Priority required
Senior LVR above 65%
Deed of Priority is required
Gap Loans only sit behind major banks or approved Tier 2 lenders. Approved senior lender list to be provided.
Good fit when
- Valuation comes in below purchase price
- Equity release is lower than expected
- Senior lender cannot stretch further
- Settlement date is approaching
- Exit is clear and defined
Not a fit when
- Long-term funding is required
- Exit strategy is unclear
- Senior lender is not an approved bank or Tier 2 lender
- Used to replace senior debt
How it works
Tell us about your situation
Share your settlement gap details and timing requirements.
We confirm the settlement gap and exit
We review your senior approval and confirm the funding gap.
Short-term terms are issued
Fast approval and documentation to meet your settlement date.
Settlement completes and the gap is repaid
Settlement proceeds, and gap loan exits via sale, refinance, or equity release.
Short-term only. Clear exit required.
In this situation?
Find out if a Gap Loan fits your needs. Quick application, fast decision.