Transactional / Gator Funding
- EMD
- Double Closing
You have a few options. The best is to negotiate with the wholesaler and make it refundable. Alternatively, you would need to either fund it yourself or have your private lender fund it.
For EMD deals, we charge an upfront, nonrefundable deposit of $250.
For Double Closings, we charge 1.5% up to $500k. Please email for requests above $500k. A 0.1% late fee will be charged for any double closing that exceeds 24 hours.
Yes! We fund in under thirty minutes once you have signed and sent the contracts. So really, it's up to you how quickly your money is sent.
We provide an 760+ credit score and have partnered with many investors at this point to help them close deals. We are in the process of bringing in more partners to keep up with the high demand for our help.
We are in the process of building a PML network to make the process even easier and more efficient so investors can find all their lending needs in one place.
Because of the risk that we are taking, we look for three things:
Does the deal underwrite?
Do we get along and communicate well?
Does the person have any investing experience?
Schedule a call or submit your offer and let’s see if we’re a good fit!
Whether the deal closes or not, the contracts require you to pay us back as your lender. We do not, however, charge a fee for the return if it does not close. Please keep in mind, the contracts you sign stipulate more details regarding late fees and penalties. Upholding your end of the agreement will make for a mutually great relationship moving forward!
If you go under contract in a mutual release state, you have a few options. The safest is to request for the seller to sign an EMD release agreement prior to sending in the money. If you are unable to do this, you will be sending in the money at your own risk. Remember, the lender MUST be paid back regardless.
There is no limit to how much EMD we will fund for you. Our only stipulation is that you, as a person, maintain constant communication with us regarding any setbacks or changes. If you are not able to do this, we reserve the right to no longer work with you.
We charge a flat fee of 40% on any and all EMD deals we fund for you, regardless of deal size. Double closings start at 1.5% but fluctuate based on timeline. If you have any further questions about this, feel free to send us an email at funding@swiftemd.com
