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gap financing

   Also found in: Wikipedia 0.02 sec.
gap financing

A loan that covers the difference between the construction loan and the permanent financing.See bridge loan.



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We also get involved in a lot of gap financing as well.
Unconventional funding is key to developers' ability to build by Fixmer, Andy / Los Angeles Business Journal
The program provides gap financing for home purchases.
SHORT SHRIFT FOR VALLEY WHEN FEDS HAND OUT CASH LOCAL PROGRAMS LEFT ... by Daily News (Los Angeles, CA)
The project is being completed with gap financing from various state agencies, including the New Jersey Redevelopment Authority, the Department of Community Affairs and the Housing and Mortgage Finance Agency.
Amusement park demolition underway at the Jersey Shore by Real Estate Weekly
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