FAQ
19 questions covering pricing, timing, requirements, coverage, and what happens after closing. For product-specific questions, see each product page.
Pricing & Fees
How much do you charge for each product? +
EMD: Option A is 5% upfront ($500 min) + 20% at close. Option B is 10% upfront ($1,000 min) + 0% at close. Double Close: 1.25% up to $1 million funded amount, lower percentages above. Stack: flat 2.5% of funded amount. Echo: flat 2.5% of funded amount. Hard Money and DSCR loans are priced by deal structure — contact us for quotes.
Are there any upfront fees? +
Only EMD funding has upfront fees, collected after title confirms the file. Double Close, Stack, and Echo have no upfront fees — everything is collected through the closing statement on the day of close. There are no application fees, no origination fees, and no other hidden costs.
Do you charge points or interest? +
No. Transactional funding (EMD, Double Close, Stack, Echo) is priced as a flat fee per transaction, not as interest. The fee is disclosed in writing before you commit. Hard Money and DSCR loans are priced with traditional rate-and-term structures.
Speed & Timing
How fast can you fund a deal? +
Standard turnaround is about 48 hours from a complete application to wire-ready. Same-day funding is possible for applications submitted before 11 AM Eastern with complete documents. We wire funds to the closing agent by 9 AM Eastern on the day of closing.
When do you send wire instructions to the title company? +
The business day before closing, after approval is finalized. The closing agent receives instructions in writing, and we coordinate directly with them on any clarifying questions.
What if my closing date moves? +
Notify us as soon as possible. For minor schedule changes (1-3 days), no fee adjustment. For longer extensions, we may need to re-confirm with title and verify the end-buyer is still committed. Extensions beyond 2 weeks may require re-underwriting.
Requirements & Eligibility
Do you check credit or verify income? +
No. None of our transactional products require credit checks, income verification, asset verification, or tax returns. Funding is secured by the deal — contracts, title commitment, deal structure. We verify borrower identity and the documents associated with the transaction.
Do I need to be a licensed real estate professional? +
No. We fund individual investors, wholesalers, and LLCs. We do not require real estate licenses. We do verify your identity and that you have legal authority to enter into the contracts you submit.
Can you fund LLCs / entities? +
Yes. Most of our borrowers are LLCs or other entities. We verify entity authority via standard documentation (operating agreement, articles, certificate of good standing) during underwriting.
What property types do you fund? +
Residential 1-4 unit, multi-family (5+ units), commercial, and land. Our products work for any property type that can be transferred through a licensed title company or closing attorney. Some specialty property types (mobile homes without land, certain commercial properties) may need additional underwriting.
Geography & Coverage
Do you fund nationwide? +
Yes. We fund deals in all 50 US states. Closings must be coordinated through licensed title companies or closing attorneys in the state where the property is located. We are familiar with the documentation requirements in every state.
Do you fund deals outside the United States? +
No. Our funding is limited to US-based real estate transactions. We do not fund Canadian, Mexican, or other international transactions.
Do you fund deals in territories (Puerto Rico, USVI)? +
Currently no. Puerto Rico and US Virgin Islands transactions are outside our coverage area. Contact us for specific situations.
Document Requirements
What documents do you need to underwrite? +
Varies by product. Minimum is always the executed purchase contract. EMD adds title company contact and refundability confirmation. Double Close adds the B-to-C contract and end-buyer verification. Stack adds seller-financing terms. Echo adds the assignment contract showing the assignment fee. All products require borrower ID.
What file types do you accept? +
PDF (preferred), JPG, PNG, HEIC, DOC, DOCX, XLS, XLSX. Maximum 5 files per application, 20 MB per file. The online application has direct upload — files are stored securely and only accessible to our underwriting team.
How do you verify end-buyer proof of funds? +
We accept bank statements (most recent), proof of funds letters from title or escrow companies, lender pre-approval letters with contact verification, or escrow/title confirmation that funds are wired and awaiting close. We may call the end buyer's lender or bank directly to verify before approval.
After Closing
What happens after the deal closes? +
For Double Close: funds are repaid automatically from end-buyer proceeds same-day. For EMD: deposit funds returned to us at close (or within the contingency window if the contract terminates). For Stack: the seller-carry note repays per its terms. For Echo: repayment is disbursed from seller proceeds at the closing table. You receive a written confirmation of repayment.
What if there is a dispute after closing? +
Disputes are rare given our verification process, but if one arises, we work through the title company and any relevant legal counsel. The borrower remains liable for any funded amount not yet repaid. We maintain detailed records of all communications and document confirmations.
Do you offer proof of funds letters? +
Yes — free POF letters for active wholesalers. For full bank verification (statements or Plaid connection), we have a small fee and provide verified POFs only as part of our submission process. See our Proof of Funds page for details.
Question not covered?
Contact us or submit an application — our underwriting team responds within 24 hours.