Loan Affiliate Program: Earn Extra Money by Referring Quality Mortgage Loans in Costa Rica
Are you looking for an opportunity to earn extra cash in Costa Rica? You can look no further than GAP Mortgage Loans’ Loan Affiliate Program. By referring quality loans to us, you can earn a referral fee once the loan has been closed and funded. Keep reading to learn more about our program and how you can get involved.
Home loans are a common way to obtain money. Homeowners may borrow a lump amount based on their property’s equity, which is the difference between its market value and any outstanding mortgages. These loans provide lower interest rates than others for people seeking finances.
Gap Equity Loans rewards friends and family referrals. Our affiliate program is a great way to make money and help loved ones acquire cash. If a friend or relative borrows, the referrer gets paid. We provide competitive interest rates compared to the local bank loans. Customized solutions help borrowers achieve their financial goals. Our simple application procedure allows us to make loan decisions in 24 hours. Lending professionals choose the optimal loan for each customer. Our finance and referral program complements our educational resources. Helpful mortgage loan FAQs. Individualized counseling helps borrowers make educated borrowing decisions.
Loan Affiliate Program Overview
GAP Equity Loans is a financial services company specializing in brokering mortgage loans in Costa Rica. We provide a fast, simple, and effective alternative to traditional lending institutions. Our Loan Affiliate Program is designed to help us find quality loans and reward those who refer them to us.
Mortgage Loan Basics
You don’t need to be an expert on mortgage loans to participate in our program, but you should know some basic information that will help you refer quality loans to us. We generally like to process loan amounts below 45% of the collateral property’s value, known as the loan-to-value (LTV) ratio. The LTV is based on the property’s quick sale price, not a retail price, and the lower the LTV percentage, the higher the chance of the loan being closed and funded.
Earn Extra Cash
You can earn extra cash by referring people who need loans. It’s easy! Confirm that their loan request meets our LTV criteria, give them our company name, website, and phone number, and send us their full name and phone number via WhatsApp to Lawsen at +506 4001-6413. That’s all you need to do. You will receive your affiliate payment once the borrower’s loan has been funded.
If you know someone who needs a mortgage loan, referring them to GAP Equity Loans is an easy way to earn extra cash. Here’s how it works:
- Confirm that their request meets our LTV criteria.
- Provide them with our company name, website, and phone number.
- Send the borrower’s full name and phone number to Lawsen at our WhatsApp number +506 4001-6413.
- You will receive your affiliate fee once the loan has been funded.
Affiliate Program Payment Structure
Our affiliate payment structure is designed to reward those who consistently bring us quality loans.
As a part-time referrer, you will earn a referral fee of 1% for every $100,000 US borrowed. For example, if a borrower takes out a $100,000 loan, you will receive $1,000 US.
As a full-time referrer, you can earn more than 1% if you bring us three quality loans in six months.
Loan Purposes We Prefer
Our lenders prefer loans when borrowers use the money for purposes such as opening a small business, home renovations, college or graduate school, purchasing a new vehicle for your company, starting a business, large weddings, and other similar expenses.
Preferred Locations for Loans
Our lenders prefer to fund loans in the Central Valley (GAM) and Costa Rica’s best beaches, including Jacó, Manuel Antonio, Tamarindo, Santa Teresa, Nosara, Conchal, Papagayo, Uvita, Ojochal, and other similar areas.
Requirements to Join the Equity Loan Affiliate Program
You only need a valid email address and Whatsapp number for contact purposes.
Favorably, you should have a rough understanding of the loan-to-value ratio. Grupo Gap can lend up to 50% of the property’s value; for example, a $300,000 USD house can borrow up to a maximum of $150,000 USD. Preferably, the loan would be around a 40% LTV or lower. So, if you can quickly determine if the loan is feasible by asking what the property’s value is and what the loan request size is, this can be a good filter process.
Lastly, our lenders seek loans on collateral in the more popular beach areas or the Central Valley.
In Conclusion
GAP Equity Loans’ Loan Costa Rica Affiliate Program is an excellent opportunity to earn extra cash by referring quality mortgage loans in Costa Rica. With our simple process and competitive referral fee structure, you can easily make money by helping others get the needed loans. So start referring today and reap the benefits of our Loan Referral Program!
Remember, you only need to send the borrower’s full name and phone number to Lawsen at our WhatsApp number +506 4001-6413.
-Written by Glenn Tellier (Founder of Grupo Gap)
WhatsApp Lawsen at +506 4001-6413
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Frequently Asked Questions
What is the Loan Affiliate Program?
Our Loan Affiliate Program is a simple and effective way to earn extra cash by referring people who need a loan to our company, GAP Equity Loans.
Do I need to be an expert on equity loans to participate in the program?
You can be an expert on equity loans by participating in our Loan Costa Rica Affiliate Program. However, having some basic knowledge about equity loans can help you refer quality loans to us.
What is the Loan Value (LTV) ratio?
The loan-to-value (LTV) ratio is the ratio of the loan amount to the value of the collateral property. We generally process loan amounts below 45% of the collateral property’s quick sale price.
What is a quick sale price?
A short sale price is when a property can be sold within 90-120 days.
What is the Affiliate fee for the Loan Referral Program?
The referral fee for our Loan Referral Program is 1% for a quality loan. For example, if the borrower takes a loan of $100,000, you will earn an affiliate earnings of $1,000.
Can I earn more than 1% as a referral fee?
You can make more than a 1% referral fee if you consistently bring us quality loans.
What kind of loans do you prefer?
We prefer loans where the borrower uses the money for purposes such as opening a small business, home renovations, college/graduate school, buying a new vehicle, taking a dream vacation, or having a wedding.
In which areas of Costa Rica do you prefer to fund loans?
We like to fund loans in the Central Valley (GAM) and Costa Rica’s best beaches, including Jacó, Manuel Antonio, Tamarindo, Santa Teresa, Nosara, Conchal, Papagayo, Uvita, and Ojochal.
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