Transactional Funding Services in Kansas City
Call Crossroads Investment Lending for Transactional Funding
At Crossroads Investment Lending, we help Kansas City residents pursue their real estate ventures through transactional funding. You don’t need a long-term loan bogging you down. We offer a short-term lending program, so you don’t have to break the bank. If you’re looking for exemplary client care and hassle-free loan financial solutions, look no further. Learn more about our transactional funding services and how we can help you purchase your next property.
What is Transactional Funding?
Transactional funding is a type of short-term lending program that allows you to purchase a property without having to use a cent of your own funds. That’s right; as long as you have a guaranteed buyer to close their purchase the same day, we assist in the upfront purchase of the real estate you’re after. These transactions are often referred to as “assignments.” If you have an eye for locating low-cost properties, you can use our transactional funding solutions to turn a fast profit. With our help, you’ll obtain the funds necessary to make your initial purchase in the morning and sell the home in the afternoon! We strive to make our loan services as comprehensive as possible, and our team is always there to address any questions or concerns you may have throughout the process.
Refrain Going Through the Bank for Short-Term Loans
Not having an ideal amount of funding doesn’t have to be a barrier to flipping real estate when you team up with Crossroads Investment Lending. Banks typically require more time and often mandate a pretty hefty down payment. That’s why we advise skipping the hassle and calling on us instead. You won’t find those issues with transactional funding deals. As banks are liable to give you the run-around, we specialize in fast, dependable funding for investors. Don’t rely on a bank for short-term funding. We have all the real estate investment loans you’ll need to make buying your next property a breeze.
Advantages of Transactional Funding
A significant advantage of funding your purchase through transactional funding is that your credit score and income are not an issue to us like it would be for a bank. All we need to know is that you have a guaranteed buyer. Once this is confirmed, we’re prepared to supply you with the capital you need to make your purchase. All fees owed to us will be taken from the proceeds after you have closed the deal. With us, you aren’t expected to empty your pockets or put up any sort of collateral. We make the process easy so you can receive assistance without worry. In most cases, we’ll be able to supply you with 100% of your purchase price. And compared to other potential methods of closing such a deal, our transactional funding paperwork is easy and straightforward. In the event that your sale transaction falls through, we can quickly convert your loan to one of our Fix & Flip or Bridge loans, to keep you on the path to a profitable investment.
How Much Does It Cost?
When you call on our team for the help you need, we’ll offer a streamlined loan process with limited cost to the investor. We want to ensure you can receive the support you deserve, so there aren’t barriers to getting the transactional funding you need. You can expect:
- Document Preparation: $495
- Loan Origination Fee: 2% of the purchase amount, minimum $1,500
- Reduced to 1% if we fund the loan for your buyer!
Contact Us Today to Learn More!
If you are interested in using our transactional lending services, please contact us either by telephone or by visiting our office in Overland Park. Our knowledgeable team members are ready to work with you to answer any questions about the transactional funding process. Our main goal is to provide you with service that’s quick and easy. It often just takes one or two days! Don’t be bogged down with unnecessary details by carrying out this transaction through a bank. We take care of all the fine details, so you focus on the deal itself. If you have any questions about transactional funding, get in touch with our team and we’d be happy to help you out.
Why Choose Us?
- Family Owned & Operated
- Local Fix & Flip Finance Experience
- All Credit Scores Considered
- Close in 7-10 Business Days
- Short Term Loan for Investment Projects