Let’s take a look at DFW Hard Money’s Loan Cycle: 1. Application and pre-approval: Start by applying online for a DFW Hard Money loan with our free, no-obligation application. A team member from DFW Hard Money will call to discuss the application shortly after it has been received, followed by an email with additional requirements needed for pre-approval. DFW Hard …
Transactional Funding is typically a one-day loan used in wholesale transactions requiring a double closing. When the wholesaler does not have enough cash to close the transaction or the title company will not allow a pass-through closing, transactional funding is needed. With transactional funding the transactions close simultaneous, which ensures all parties to the transaction are able to fund the …