Looking for funding for your deal?
What type of funding do you need?
Submit your funding request with all necessary info
Wait for request to be approved by our team
Fill out contracts and email title
Get your deal funded!
Communicate with us up until closing
Submit your funding request with all necessary info
Wait for request to be approved by our team
Have title reach out when the A-B HUD is ready
We will send a payoff to title for the B-C HUD
Both you and Quick Funds EMD will approve the final HUD
We fund as soon as the B-C funds are sent in!
40% Flat fee
We charge a 40% flat fee on all EMD deals. That means if the deal closes, we would receive the initial amount plus 40%.
We also charge a minimum $250 non-refundable fee prior to funding your deal to pay our transaction coordinator fees. This pays them for their time in case the deal does not make it to closing.
1.5 % Flat fee or $1,000 min.
We charge a flat 1.5 % fee on all double closings with at least 2 days notice. If you need funding quicker than that, send us an email to confirm.
Our minimum return is $1,000 on smaller deals
Is transactional lending right for you?
EMD stands for Earnest Money Deposit. It is a sum of money that a buyer provides to a seller as a show of good faith when entering into a real estate contract. The EMD is typically held in escrow until the closing of the transaction.When looking at whether or not what you are requesting is considered EMD, you can look at the following:
-Is the amount your requesting the exact same as the amount listed for EMD on the contract?
-Does your requesting amount include an option fee? We will not fund those!
-Are you requesting money post-closing? That is not EMD and we will not fund that
A double closing is a real estate transaction method where two back-to-back property sales occur on the same day, involving three parties: the original seller, the investor (middleman), and the end buyer. Here's how it works:
First Transaction: The investor agrees to purchase the property from the original seller.
Second Transaction: The investor simultaneously sells the property to the end buyer at a higher price.
During a double closing, the investor typically uses the funds from the end buyer to complete the purchase from the original seller. This allows the investor to profit from the difference in sale prices without needing to use their own funds for an extended period.
Double closings are often used in real estate wholesaling and transactional funding, allowing investors to efficiently facilitate deals and earn profits by connecting motivated sellers with interested buyers.
If your deal does not close, we do not charge you the 40% fee. Your only cost would be the up front fee since our transaction coordinators have already worked on the deal for you.
Short answer: we have no limit on what we can fund!
We typically require 48 hours of notice to fund a deal, however we have funded in as quickly as 5 minutes (seriously). If you have a deal, your best bet is to submit it as soon as possible so we can review it and get the process started.
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