Are all of the contracts signed and executed by both parties?
No Deal
EMD requests require fully executed contracts signed by both parties.
Is the EMD refundable?
No Deal
We can only fund refundable EMDs.
Are there at least 7 days before the inspection period ends?
No Deal
Unfortunately, the request is too close to the end of the inspection period. EMD requests must be submitted with at least 7 days remaining for the inspection period.
Is the close of escrow within 60 days or less?
No Deal
EMD funds cannot be tied up beyond 60 days.
Submit the request for funding.
Are the contracts signed by all parties?
No Deal
Once the contracts are signed by all parties, submit the request for funding.
Submit the request for funding.
Has the seller agreed in writing to carry a 2nd-position note?
No Deal
A signed agreement or LOI to carry a 2nd-position note is required before submitting the funding request.
Is this a Subto, seller finance, or all-cash purchase?
No Deal
We do not fund Subto, seller finance, or all-cash purchases.
Do you have a lender for the primary loan?
Do you have a signed LOI with the seller?
Next Step
All we need to get started is a signed LOI. Once you have one, then come back to submit the funding request.
Are there any seasoning requirements?
Next Step
We do not work with lenders that require seasoning. However, we have many who do not require seasoning and work with us on these deals. Get a signed LOI from the seller then submit the request for funding.
Will the new primary loan be greater than the existing mortgage on the property?
No Deal
The new primary loan must exceed the existing mortgage for lien safety.