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Updated almost 9 years ago on . Most recent reply
Transactional lenders
Does anyone have any experience using a Transactional lender for a double close? If so I have a few questions:
1. What were the fee's like ?
2. How much funding did you receive?
3. Is there anything that isn't commonly discussed that someone using transactional funding should know?
Most Popular Reply
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Hello Lakeem. This is Duane Ortega, and I am a transactional funder.
See >>> below
Does anyone have any experience using a Transactional lender for a double close? If so I have a few questions:
1. What were the fee's like ?
>>> Generally 1.75%-3% + processing fee of $395-$595
2. How much funding did you receive?
>>> There is no minimum funding amount with most lenders. Maximum is usually in the millions.
3. Is there anything that isn't commonly discussed that someone using transactional funding should know?
>>> Google me, find my website, review FAQs or call and email me.