Gap Funding QuickApp: 11CF

GAP FUNDING QUICKAPP

NO Colleteral - Personal Loans
By completing the below Gap Funding QuickApp, we can pre-qualify you for a Personal Loan / Gap Funding. Once you've been pre-qualified, an Account Executive will reach out to you to discuss any potential concerns, or to proceed with your full application to obtain formal approvals!

*If you are seeking Gap Funding for the Down Payment & Cash to Close on a real estate transaction, please be sure to also apply for a Real Estate loan:
www.11capitalfinance.com/applynow
LOAN OFFICER / REP INFORMATION
I am not working with an 11 Capital Representative
Who is your 11 Capital Finance Representative?

First Name Last Name
Rep Email
example@example.com
Rep Phone Number
Please enter a valid phone number.
BORROWER INFORMATION
Name *

First Name Last Name
Email *
example@example.com
Phone Number *
Please enter a valid phone number.
Address *

Street Address

Street Address Line 2

City State

Zip Code
Are you seeking Gap Funds for a real estate transaction? *

Yes No
What best describes your need for this loan? *

Renovations Vacation Pay Bills Working Capital Business Startup Business Expansion Auction properties General liquidity Debt Consolidation Cover Legal Fees Refinance Debt Auto Purchase Cover Medical Expense Other
What best describes your real estate transaction? *

Purchase & Rehab (Flip or BRRRR) Purchase of an already stabilized Rental Property (no rehab) Purchase of an Auction property (no interior access is available for a formal appraisal) I already own the property, I just need funds to renovate and sell I already own the property, but need a quick bridge to refinance Other
To narrow in a bit more, what is your ideal scenario *

Utilizing Gap Funding for just the Down Payment + Closing costs for my purchase Transaction, and a Real Estate loan for the rest. (Most cost effective) Utilize Gap Funding for 100% of the acquisition (Becoming a cash buyer, giving me greater flexibility and buying power. This is more important to me than the cost of capital) I don't necessarily need Gap Funding to close on my deal, but I am looking to utilize it to remain liquid I'm not sure, I'd like to discuss my options with an Account Executive. Other
Are you already working with another lender for the majority of the acquisition? *

Yes No
Have you confirmed that they are okay with Gap Funding for the Down Payment & Closing Costs? *

Yes, they are okay with me borrowing my required equity. No, I am not sure.
Would you like to apply for the Real Estate Loan with 11 Capital Finance in conjunction with your Gap Funding loan? *

Yes No
To dive in further, please elaborate on how you will use these proceeds and how quickly you need funding *
Don't worry, there is no wrong answer here!
Desired Loan Amount *
The Maximum eligible loan amount is double that of your verifiable annual income.
Amount Requested + Fees Rolled In
We simply take the amount that you are requesting and roll in estimated fees, which cannot exceed $400,000.
U.S. Citizenship Status *

U.S. Citizen Permanent Resident Alien Non-Permanent Resident Alien Other
Credit Score *
Please list the lowest score of the 3 Credit Bureaus
Have you been late on any payments in the last 12 months? *

Yes No
When did your most recent late payment occur? *

Month Day Year
Date
Do you have at least 3+ tradelines? (Mortgage, Auto, Credit Card etc) *

Yes No
Have you applied for any funding or new credit accounts within the last 6 months? *

Yes No
Have you obtained any new revolving checking accounts OR Credit Cards within the last 6 months? *

Yes No
Do you have any judgments, late payments, or collections on your credit profile? *

Yes No
When was your occurrence? *

Month Day Year
Date of Occurrence
Please describe your judgment or collection in detail *
EMPLOYMENT INFORMATION
Are you a W-2 employee or 1099/Self Employed *

W-2 1099
Do you have any ownership in the company that your W-2 employed for? *

Yes No
What is your ownership % in the Company your employed by? *
Must enter between 1-100%
Have you held consistent W-2 employment for at least 24+ months? *

Yes No
Since you answered "No", how many month's have you maintained consistent employment? *
Have you been employed at your current company for at least 6+ months? *

Yes No
Do you receive Direct Deposit for your payroll check? *

Yes No
Since you do not have Direct Deposit, please select the best answer for your situation: *

I do not receive Direct Deposit because my employer does not offer it, however I deposit my checks into my personal checking account every month regularly, and can show it with my Bank Statements. I do not utilize Direct Deposit from my employer, even though it is available to me. I do not receive Direct Deposit because my employer does not offer it, and I do not always deposit my checks regularly each month.
What kind of entity is your 1099 received in? *
If no entity, please select Sole Proprietor.
What ownership % do you have in this entity? *
You must own 90%+ of the entity to be considered.
Have you been contracted with the same company for 24+ Months? *

Yes No
What is your annual verifiable W-2 Income? ($) *
(!) Do not include any Real Estate 'Investment' Income
Max Eligible Application amount based on your W-2 Income
This is not a quote, but the maximum loan amount applied for
What is your annual verifiable Gross Income from your 1099 employment? ($) *
(!) Do not include any Real Estate 'Investment' Income
What is your Net Income (AGI) on your Schedule C? ($) *
Max Eligible Application amount based on your Net AGI
This is not a quote, but the maximum loan amount applied for
Is any of above stated income derived from Real Estate 'Investment' income? (i.e., Fix & Flips or Rental) *

Yes No
How much ($) is derived from Real Estate Investment income? *
From Fix & Flips, Rental income, 1031 Exchange, etc.
BORROWER RECENT ACTIVITY
Have you ever filed Bankruptcy? *

Yes No
When was your Bankruptcy Discharged? *

Month Day Year
Please describe your Bankruptcy in detail *
Have you applied for Auto-Financing in the past 12 months? *

Yes No
Have you applied for a home OR commercial property within the past 12 months? *

Yes No
Are you currently in the process of purchasing a property? *

Yes No
Have you ever utilized credit repair or credit restoration services? *

Yes No
When did you conclude your credit restoration process? *

Month Day Year
Date
Have you applied with any other lenders within the last 6 months? *

Yes No
Lender 1 *
Lender 2
Lender 3
Time of Submission

Month Day Year
Date
Hour Minutes AM/PM Option
Referrer Address
Get Parent Page URL
Should be Empty:

GAP FUNDING QUICKAPP

LOAN OFFICER / REP INFORMATION

BORROWER INFORMATION

EMPLOYMENT INFORMATION

BORROWER RECENT ACTIVITY