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Updated about 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

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.