100% Transactional Funding

The #1 Provider of Transactional Funding in the USA

Available Nationwide except in CA, UT, NY, AK, & HI

"I believe Straightline Funding is the best transactional funding lender in the USA"
                                                 
--Jose Torres, JRT Home Solutions

"Great Job Straightline! I appreciate your help, everything went super smooth!"
                                                 
--Nick Novak, Losa Investments, Ltd.

FAQs About Transactional Funding

What is Transactional Funding?


Transactional Funding is a short term loan provided to wholesalers who purchase and quickly re-sell a property the same day. This is often called a "Double Closing". The seller of the property is typically called "Party A". The wholesaler is typically called "Party B". The end buyer of the property is typically called "Party C". Transactional Funding deals are also sometimes called "A-B - B-C" Transactions. Ready to Go?? START HERE




When is Transactional Funding Needed?


Our clients use our Transactional Funding Service for three basic reasons: 1. They have a contract that is NOT ASSIGNABLE to a third party. This is typical when purchasing properties off MLS, bank owned properties, or properties owned by government entities (HUD, FHA, Fannie Mae, etc). 2. The wholesaler is choosing not to assign the contract in order to maximize their wholesale markup. Many times end buyers will not purchase a property if the assignment fee is too high. You do not have to disclose your contract details to the end buyer when you utilize Transactional Funding. 3. The wholesaler needs to stay in compliance with State laws that do not allow assignment of contracts.




Are There Minimum and Maximum Funding Amounts?


We have no minimum funding amount. The maximum funding amount is $1,000,000




What are your Transactional Funding Fees?


  • 1% of the purchase price of the property (minimum fee of $750)
  • There are NO UPFRONT FEES, NO ADDITIONAL FEES, and NO FEES if the transaction does not close.




Is Credit a Factor to Obtain Transactional Funding?


No. There are no personal financial requirements to obtain Transactional Funding. We do not run your credit and do not require bank statements, tax returns, etc.




Do I have to close with the same closing office?


Straightline requires both the A-B and the B-C transactions occur at the same settlement office or title company. Some exceptions are possible so please discuss your specific situation with a loan officer if your transactions are closing at different offices.




Do you offer Extended Transactional Funding?


Yes. We will fund 100% of purchase price and closing costs up to 80% LTV in non-judicial foreclosure states and 75% in judicial foreclosure states. This program is available in larger metro areas of: Alabama, Georgia, Indiana, Missouri, North Carolina, Ohio, Pennsylvania, South Carolina & Virginia.​

  • Loan Term: 3 months
  • ​Credit Score of 700+
  • Required​​ Minimum Funding Amount: N/A
  • Maximum Funding Amount: $150,000​
  • Appraisal Required. Closing time is 10-15 business days from the time we receive application




Do you offer Proof of Funds Letters?


We offer free Proof of Funds letters to our clients. Just CLICK HERE to fill out the request form. We will email you the letter in PDF format.




What documents are required?


  • The A to B Contract
  • The B to C Contract
  • Drivers License
  • Corporate Docs (Articles of Org/Incorporation, EIN Document; Articles of Org)
  • If the C Buyer (End Buyer) is getting a loan to purchase the property, please send any information from the lender (pre-approval, term sheet, etc)




How quickly can you fund a deal?


Straightline can fund deals as quickly as the same day if all required documentation is provided from both our client and the title agent or closing attorney. However, we prefer to receive your submission and documentation once you have obtained your B to C Contract and you are ready for title to be started.





We are the Leader in Financing for Wholesalers

Lowest Fees

Straightline's low cost funding structure allows you to keep more of your wholesale profits.  We also have no upfront fees and no fees if the deals do not close.  

Funding in 45 States

Straightline can fund double closings in all states except New York, California, Hawaii, Alaska, & Utah.  We can also help you with investor friendly closing firms. 

Fast Funding

Because we have been funding double closings since 2006, our process is fast and efficient.  Let our experience work for you to close more deals and make more profit. 

Dedicated Team

We work 100% with real estate investors.  Your funding request is sent immediately to our team to open a file and start working on what is needed to get you to closing. 

See Why We are Recommended by Industry Pros!!

See How We Helped These Investors Make $17,439

Contact

Straightline Funding, LLC

250 N. Trade St, Suite 209

Matthews, NC 28105

Payoff & Servicing

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Draw Requests

Proof of Funds Request

 

Call us between the hours of 9:00 am and 5:00 PM EST for questions about your loan.

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