Clayton Hicks's Blog

How does Transactional Funding work?

Clayton Hicks (CRH Financial Partners) — Mon, 22 Jun 2009 05:29:19 -0700

Transactional Funding can be very misunderstood at times. The requests of the seller or the long term financial arm can sometimes be overwhelming. These days for investors are not the weak at heart. But also this market is creating more millionaires than any other market. If you would like to read more, please visit www.mycrhfinancial.com

Clayton R. Hicks
CRH Organization
O - 866.945.4238.
D - 937.671.6238
crhfinancial@gmail.com
www.crhorganization.net

Benefits of Transactional Funding

Clayton Hicks (CRH Financial Partners) — Mon, 01 Jun 2009 05:34:05 -0700

Been away due to the holiday, I hope everyone had a great Memorial Day! This week I wanted to tell you about the benefits of Transactional Funding. Have you ever had a deal that you couldn't structure due not having enough money? Have you had to put money in escrow so you could close the deal and you didn't have enough? Have you ever went to double close your short sale and forget to get approval for the assignment? If you answered YES to any of the questions above then continue reading to see what our capabilities are.

1. Double close funds - this benefits wholesalers and short sale negotiators so they can provide good service to their clients

2. Commercial down payment assistance - this benefit can help you bring money to the closing table, whether to escrow ahead of time or at time of close

3. Verification of deposit - this benefit will allow a one time deposit for the deal you may be trying to close

4. Proof of funds - this benefit allows your name to be placed on a bank account for verification/legal purposes only

5. Escrow services - this benefit allows you to pick the title company where you need funds escrowed.

6. SBLC's/BG's/Courtesy Deposits - this benefit allows you the use of paper to complete a transaction

The benefits above can be moved around for more time or a different type of transaction. If you think your transaction needs any of these benefits, we can help you figure it out. Sometimes you don't know what you need so give us a call to determine whether your deal can be done.

Clayton R. Hicks
CRH Organization
O - 866.945.4238
D - 937.671.6238
crhfinancial@gmail.com
www.crhorganization.net

Some examples of Transactional Funding

Clayton Hicks (CRH Financial Partners) — Mon, 18 May 2009 05:20:18 -0700

These days you want to finance your deals, but you just can't go to the bank anymore and get what you need. You may need a line of credit or maybe you need to finance your flip or maybe just fulfill some tough requirements issued by the bank. At least you have options. But you must take a step back and visualize your ability to complete your deal first. We are here to help create the end result. If you have one of these requirements listed below, give us a call:

1. Must you bring cash to the closing to pay for the first side of a double close? If you do we can help!
2. Do you have a fantastic commercial investment you can afford to buy, but don't have the down payment? We can help!
3. Does your private investor require you to place funds in an escrow account? We can help with verification of deposit!
4. Does your bank require a proof of funds before releasing the portfolio of properties for you to buy/sell? We can help!
5. Does your private investor providing your instrument require you to escrow? If so, we can help!

We do realize the complications of some of the types of deals, but we also understand your needs. We do require a simple summary of your deal, an application, and a small app fee for some deals. We can provide references on our ethics, but not with our investors. Call for more information or visit our website at www.crhorganization.net.

Clayton R. Hicks
CRH Organization
D: 937-671-6238
O: 866-945-4238
crhfinancial@gmail.com
www.crhorganization.net

Transactional funding or Leverage

Clayton Hicks (CRH Financial Partners) — Mon, 11 May 2009 08:48:49 -0700

In the investment world there a lot more hoops to jump through to see a deal close. The banks are requesting great credit, reserves in your bank, and the ability to bring a down payment. Sometimes that can be difficult considering there down payments can be 25-30%, they want you to show the ability to pay, but don't forget you must pay for your own appraisals, etc. Most generally you would have to find an equity partner (which is not easy) or let the deal fall to the wayside. For those of you that are real estate wholesalers, you are now required to bring money to the table for your first close. The banking world can be a nasty place, but we have answered some of the toughest questions in the investment world - Transactional Funding!

-We can bring the money to the table to fund the first side of your double close.
-We can bring the money to the table to help fund your down payment for your commercial deal.
-We can help you show proof of funds
-We can help you with verification of deposit
-We can escrow money at our title company for a period of time

Leverage is very important these days, so why not use the same system of leverage that the finance world uses - PAPER! So the next time you are confused about how to proceed on your deal, think leverage or Transactional Funding. Sometimes what you think is impossible, is just using a system that is used everyday in the finance world! Give us a call with any questions, you may find the answer is exactly what you need.

Clayton R. Hicks
CRH Organization
Office - 866.945.4238
Direct - 937.671.6238
crhfinancial@gmail.com
www.crhorganization.net

Tips for Transactional Funding

Clayton Hicks (CRH Financial Partners) — Mon, 04 May 2009 05:43:53 -0700

Have you received a list of procedures from your long term financial entity that seems impossible? Probably so in this market. Did you know that there procedures line up with what we do? We cover the loop holes that everyone "mistakes" as impossible. The impossible answers are listed below:

1. I can't double close my deal without any money for the first side of my deal - we have the money for that type of situation, we call it Double Close Funding

2. My bank is asking for a Proof of Funds letter before they will fund - we can provide a soft or hard Proof, but there is a different cost associated with both

3. My bank will fund my commercial investment, but they need 25% down - we can provide down payment assistance, but your seller must do a carry back mortgage

4. My private funder requests my down money to be escrowed, but they only want that as proof of performance - we can provide a verfication of deposit as long as they know the money can't be moved from escrow

5. My private funder requests that I escrow 10% of my financing until we close in 45-60 days - we can provide escrow services, but we do charge a monthly renewal

Remember, we do charge for our services and in some cases there will be a monthly renewal. We may not cheap, but we can get things done quickly. Some of the products you think you may need, may not be what you need at all. Visit our website www.crhorganization.net for a description and applications so that you may stay ahead of the curve on time. Give us a call if you are not sure of what you need for your the procedures you have been given. If you need a creative way of completing your deal, but are in a rut, most times we can provide different scenarios that you may not have thought of.

Clayton R. Hicks
CRH Organization
O - 866.945.4238
D - 937.671.6238
crhfinancial@gmail.com
www.crhorganization.net

How does Transactional Funding work?

Clayton Hicks (CRH Financial Partners) — Mon, 27 Apr 2009 06:44:54 -0700

Transactional Funding can be very misunderstood at times. The requests of the seller or the long term financial arm can sometimes be overwhelming. These days for investors are not the weak at heart. But also this market is creating more millionaires than any other market. You must adapt to the market and move on. The creative ways of getting things done, seem to be the only way. After reading our list of products below, call and tell us which you may need to complete your deal.

1. Double close funding - For the wholesaler trying to "flip" properties
2. Commercial Down Payment Assistance - For the investor who is spending all their money in fees trying to get financing
3. Proof of Funds - When you need to get that contract signed
4. Verification of Deposit - When the bank wants to see you have some "skin" in the game
5. Escrow Services - When the seller requests you leave money in escrow for a period of time

The products listed above do have more uses than listed, but those are "real" uses. If you would like to know more information on one or more of the products above, give us a call. If you don't know which one you may need, we will help you determine the direction you may need to go.

Clayton R. Hicks
CRH Organization
O - 866.945.4238.
D - 937.671.6238
crhfinancial@gmail.com
www.crhorganization.net

FAQs for Transactional Funding

Clayton Hicks (CRH Financial Partners) — Mon, 20 Apr 2009 05:59:45 -0700

These FAQs should help answer some questions that you may have about Transactional Funding.

1. Will you lend the money for me to close on a great deal for a couple of months so that I can get past the seasoning issues? No, we only help you "flip" the property the same day or within 2 days.

2. Can you escrow with hard money to my escrow attorney? No, not generally because typically the bank just wants the money in an escrow, period.

3. Can you help with my down payment for my residential buyer? No, we stick with investments/commercial deals.

4. Can you lend me the down payment until I refinance? No, we need our money back at close.

5. Can you give me a soft POF to give me the ability to buy a property from the bank? Yes, we offer that service for a minimal fee.

6. Can you give me tear sheets and bank statements for my trade platform? Yes, we do.

These are the most frequently asked questions we recieve and we wanted to pass this information along to the public for help. If you have any more questions about our services, please feel free to give us a call.

Clayton R. Hicks
CRH Organization
O: 866-945-4238
D: 937-671-6238
crhfinancial@gmail.com
www.crhorganization.net
http://www.linkedin.com/in/crhfinancialpartners

Why Transactional Funding

Clayton Hicks (CRH Financial Partners) — Mon, 13 Apr 2009 05:42:50 -0700

Investors are still trying to figure out how they can leverage Transactional Funding to get their deal done. We realize there is a list of different products, but keep your focus on the one that fits you best. Each transactional funding product has its own niche of uses but the result is always the same: success.

If you are a wholesaler or short sale specialist, then double close funding will be the direction you want to go.

If you are an investor that enjoys buying commercial buildings, but the banks keep increasing your down money, then commercial down payment assistance is your best option.

If you are trying to get your hands on a list of available properties from the bank or that inportant contract, you may need our Proof of Funds or Verification of Deposit.

If you are trying to get on a trade platform and need leased funds, you can use our escrow services. But if can't use leased funds, but you need a LC so that you can take your own money to the trade, then we can provide a block of funds so that you can have that opportunity. If you don't know the difference, please feel free to call!

The CRH Organization or CRH Financial can provide a creative solution to your PROBLEM. We have seen most issues that arise in this market and any solution is better than "no" solution. Feel free to ask any questions that you may have to get you to the next level.

Clayton R. Hicks
CRH Organization
Office: 866.945.4238
Direct: 937.671.6238
Fax: 877.945.4238
crhfinancial@gmail.com
www.crhorganization.net
http://www.linkedin.com/in/crhfinancialpartners

Transactional Funding vs CRH Financial

Clayton Hicks (CRH Financial Partners) — Mon, 30 Mar 2009 06:46:43 -0700

When you are trying to put a deal together for your company or yourself, how do you determine who to use to take down your deal. We have noticed an increase in the need for our services this year. We believe the biggest reason for that is our talent - Transactional Funding!

Have you had a deal that you just can't seem to fund it because of the difficulty or strategy of it? We are sure you have. We see it all the time. We have seen clients try to get on to a trading platform with no luck for a real POF. We have seen our clients try to fund a CMO without having real funding for the "flip". We have seen clients try to buy a commercial investment property from the bank and not structure it properly to utilize down payment assistance. We have seen wholesalers try to "flip" single investment properties with the notion someone was going to fund it and their funder didn't make it to the table. We have seen a lot of different types of deals fall apart because of proper planning. We specialize in funding what most won't, so give use a call and just ask!

CRH Financial specializes in Transactional Funding, so the next time you want to put together a delicate, special deal feel free to send us an email or call us today!

Clayton R. Hicks
President
CRH Financial
937-671-6238
866-945-4238
crhfinancial@gmail.com
www.crhorganization.net

What is Escrow Services?

Clayton Hicks (CRH Financial Partners) — Mon, 23 Mar 2009 06:51:56 -0700

This answer can be a little complicated. Escrow services is one of our Transactional Funding products. Basically, escrow services funds a bank account in escrow with your name being added to the account. This product works for trading platforms that accepts leased funds or sets up a new escrow account for a deal/contract you may need to close or funds a CMO flip. We do prefer to use our own title company for the holdings.

With those answers, you may already know of a deal or have a deal that needs this type of Transactional Funding. Along with all of our other products, escrow services, seems to be the most wanted. If you would like to know more information on how you can take advantage of our program, feel free to give us a call!

Clayton R. Hicks
President
CRH Organization
Direct: 937-671-6238
Office: 866-945-4238
crhfinancial@gmail.com
www.crhorganization.net

How does Transactional Funding work?

Clayton Hicks (CRH Financial Partners) — Mon, 16 Mar 2009 05:44:14 -0700

We realize you may know a little about Transactional Funding, but this newer site www.crhorganization.net , may help finalize some questions you may have. We have taken some time to describe Transactional Funding to you!

All of the funding we help with must be paid back at closing, unless the money is going to sit in a controlled bank account.

1- Double close funding pays for the first side of a simultaneous close

2- Commercial Down Payment Assistance helps investors with these large down payments the banks may be asking for to close the deal

3- Proof of Funds allows you the ability to prove up enough funds to pull tapes or get you that contract you are trying for

4- Verfication of Deposit gives you the ability to "show" funds for verification purposes only

5- Escrow services will give you the ability to place our funds in an "account" for a period of time for platforms, CMOs, and for financing where needed

Again, we can't emphasize enough we are not a lender, we only fund when needed as long as the client doesn't have the abililty to deplete the funds. Contact us today with any questions you may have.

Clayton R. Hicks
Direct: 937-671-6238
Office: 866-945-4238
crh@crhorganization.net
www.crhorganization.net

Transactional Funding vs. Desoco Financial Group

Clayton Hicks (CRH Financial Partners) — Mon, 09 Feb 2009 05:11:28 -0800

With Transactional Funding in mind, there are so many creative ways to utilize Desoco Financial Group. You must have a creative situation: the lender needs money escrowed till close, you might want to "dabble" on the Trading Platforms, you might need a POF letter for a particular transaction, the lender says you can bring on a partner to help with your down payment for your commercial deal, or the title company requires you bring money to the closing table for your "double close" situation.

Any of these situations have solutions and that is fantastic for you and your company. Fortunately we don't provide any of these services as a third party lender. In fact, we don't lend any money at all!

We help fund the transaction, but we won't lend you the money. Go to www.desoco.com to answer your questions. This site is "chock" full of information you need to solve the largest problems moving forward in such an economy.

Clayton R. Hicks
President
Desoco Financial Group
937-671-6238

Why would I need Transactional Funding?

Clayton Hicks (CRH Financial Partners) — Mon, 02 Feb 2009 05:55:18 -0800

Do you need it? Well that depends on the situation you are involved in. Typically, the lenders are needing some type of money to finish a closing or you are trying to "flip" some properties to your client for him to rehab and finish. With those situations you either need our "Double Close Funding or Down payment Assistance". The other products we offer will provide some type of "Proof of Funds".

For the many products and services Desoco Financial offers visit our website at
www.desoco.com for more information. On this site you will find that we do not "lend" money, but we come in and help you "fund" some of the most creative ways to finish deals.

Clayton R. Hicks
President
Desoco Financial Group
937-671-6238

Have you seen the products of Transactional Funding?

Clayton Hicks (CRH Financial Partners) — Mon, 26 Jan 2009 05:31:07 -0800

Well, if you haven't, we have some good news. We have designed the Transactional Funding around our clients and their needs. Clients are the most important function to us. We return phone calls, we provide quick turn arounds for qualifying, and we can fund in as little as 3 days (some products) once we have all the paperwork! Go to www.desoco.com for more information. You will not see the point change yet on the website for double close funding.

1. We have dropped the points on our double close funding - 2 pts with a minimum of $3,000.00 per transaction. No hidden fees and you can use your title company for processing, but the title company must willing to work with ours. Now this is only for wholesalers in the residential arena. For portfolios and commercial the prices do change a little.

2. Down payments assistance - used for the creative imagination. Do you need a POF pledged for the down money? Just let us know what you need! The points start at 6 depending on the situation.

3. Proof of Funds - this product must be tied to a transaction, period! This product starts at 2 pts.

4. Verification of Deposit - this product must also be tied to a transaction. We can verify funds up to 75MM within 3 days after all docs are in. This product starts at 5 pts.

5. Escrow services - Do you need money placed in escrow for a transaction? This products allows you versatility that your creative mind may need.

Here at Desoco Financial Group we can "bring the solution" for your needs. Give us a call or go to www.desoco.com for your creative needs.

Clayton R. Hicks
President
Desoco Financial Group
937-671-6238

Did you see the new site for Transactional Funding?

Clayton Hicks (CRH Financial Partners) — Mon, 19 Jan 2009 06:03:38 -0800

Have you had a chance to take a look at the opportunity, www.desoco.com , standing before you? On this site you can browse for your future and help your present situations. With all the issues going on economically, the choices can be very difficult. You may not be ready for change or maybe you are! Inside this site, www.desoco.com, you have the ability to strengthen your opportunities out there TODAY!

Please give us feedback and contact us for more information on our products and services:

1. Do you need money for the first side of a double close? Go to the website under the page "simultaneous close".

2. Do you need some "down" money to finish the deal? Go to the website under the page "down payment assistance".

3. Do you need Proof of Funds or Verification of Deposit or Escrow services? The pages are listed on the site.

4. Do we enable "verification accounts" or "ping" accounts? That would fall under the Proof of Funds area.

5. Can we help with flipping "CMO's", that would fall under the "simultaneous close" page.

For any other creative deals out there, don't be bashful, typically we can help.

"You bring the imagination, we'll bring the solution"

Clayton R. Hicks
President
Desoco Financial Group
937-671-6238

www.desoco.com

Some examples of Transactional Funding!

Clayton Hicks (CRH Financial Partners) — Mon, 12 Jan 2009 05:53:28 -0800

We wanted to bring some great information to those whose interest have peaked. Sometimes you must call to see if the deal you have, is something we can help you with. Transactional Funding has a few products that have been carved out for the most intriguing ways of getting deals closed. If you see one of the products that match your "for instance" let us know.

1. Do you pay for MT 760's or provide funding for transfer fees? Yes, our Escrow services can provide the difficult deals to ensure accuracy for your investments.

2. Does your Escrow services allow me leveraging ability? Absolutely, that is how it was designed.

3. Can we close on the first side of the double close even with seasoning issues? Yes, we can do this as long as the deal is in control for the second buyer and it can be closed in 3 days or less.

4. How large can you provide a soft POF? We can provide up to 1B in soft and in a hard Verification of Deposit. Now in order to supply such a POF or Verification of Deposit, you must be prepared to provide our 2-5 points at verification of our services. You must proof you have the funds for the fee before we provide such services.

5. How can I utilize your Down Payment Assistance for bank owned? That service is a little more creative, but you must be willing to listen and work through the paperwork. We can get it done but it must be an investment. Other than stated above, the seller must be willing to work with you.

We love and promote creativity to get deals done. Just remember everything we do is transparent.

"You bring the Imagination, we'll bring the Solution"

Clayton R. Hicks
President
Desoco Financial Group
937-671-6238

Transactional Funding! How can it help ME?

Clayton Hicks (CRH Financial Partners) — Mon, 05 Jan 2009 05:40:35 -0800

Transactional Funding and the products it represents are very powerful in this present day market. The uses of Transactional Funding vary depending on the type deals you are trying to close.

1. If you can't flip a wholesale deal without money, then Double Close Funding is your product.

2. If your borrower needs help closing the deal, but it has used up most of its capital paying for appraisals, engineering, etc., then Commercial Down Payment Assistance is you product.

3. If you borrower needs help with closing on their very first house and the seller is willing to aid the close, Residential Down Payment Assistance is the choice.

4. If your bank is asking for you to proof up that you can close, then Proof of Funds are for you.

5. If your bank is requiring that you verify your down funds or that you have funds at all, Verification of Deposit can help you.

6. If the bond you are trying to retrieve or the CMO you are trying to flip requires you lay cash in escrow for a time period, or the end lending needs you to keep a certain dollar amount in escrow in order for them to lend their money, you need Escrow Services.

With all these products available, we must tell you that it can sometimes be confusing on which product you may need. Give us a call to determine which Transactional Funding product you may need, today!

Good luck in the New Year!

Clayton R. Hicks
President
Desoco Financial Group
937-671-6238

How do I qualify for Transactional Funding?

Clayton Hicks (CRH Financial Partners) — Mon, 22 Dec 2008 07:11:57 -0800

The answer to this question is simple: You must have a deal that leaves room for us to receive our money back at close or one of the other qualifications below, to close.

1. Escrow Services - You must be able to pay the points at placement of escrow. You can use our funds Third party, but it could potentially cost a little more. If our attorney can control the deal, it is faster and easier.

2. Down Payment Assistance - You must be able to pay the fund back at closing, plus the fees.

3. Double Close Funding - The client must be able to pay us back through the second close.

4. Verfication of Deposit - You must be able to pay the fees at Deposit and Verification(the same day)

5. Proof of Funds - You must be able to pay the same day when POF is presented to you.

Remember all the points can vary depending on whether you already have money in the deal. We do have a few docs for you to fill out and send back in order to complete your transaction. You do have the ability to use your own title company. If you need our escrow services we require an summary of the deal and the details of the transaction. If you need the escrow services for bonds, CMO, etc., outside the real estate industry; we will need you to be transparent.

"You bring the Imagination, we'll bring the Solution"

Clayton R. Hicks
President
Desoco Financial Group
937-671-6238

How can your escrow services help me get the MONEY I need for a Transaction?

Clayton Hicks (CRH Financial Partners) — Mon, 15 Dec 2008 05:21:35 -0800

Using our escrow services gives you buying power like you have never had before. Imagine being able to purchase large amounts of money with only costing you 1-2% of the full amount you need. For example:

You want to buy a bond that will give you 10MM. You need 1MM to buy this bond and you don't have that kind of money. What if I told you, you only need 100k to help with this type of transaction. That's right, 1% of the amount needed for the total amount of money you need.

Let's try another one: Your project costs you 100MM to construct. The lender requires 25% to be placed in escrow (25MM). In order for you to recieve that kind of money from us, you must be willing to part with 2.5MM at escrow placement.

All this money to be spent and not enough REAL people want to utilize it. Here are the benefits:

1. You only have to have 10% of the amount needed for our escrow services prepared and ready to escrow with us
2. An attorney will be handling the transaction
3. You will only be spending 1-2% of the total transaction needed to complete your project, CMO, bond purchase, etc.
4. Buying POWER!

This product is one of many that are offered by Desoco Financial Group.
1. Double close funding
2. Down payment assistance
3. Verification of Desposit
4. Proof of funds

"You bring the Imagination, we bring the Solution"
Clayton R. Hicks
President
Desoco Financial Group
Direct: 937-671-6238

How can I qualify for Transactional Funding?

Clayton Hicks (CRH Financial Partners) — Mon, 08 Dec 2008 07:04:54 -0800

There are just a few qualifications for Transactional Funding:

1. Have your end financing in place. We do not want to do the end financing, we can do it, but we are busy enough, thanks!

2. Understand your application so that you may act quickly, call Clayton on his mobile directly with any questions!

3. If you need escrow services, have your 10% of whatever dollar amount needed ready to go to escrow with us!

4. If you need Down Payment Assistance, you don't have to give us any money until close!

5. If you need POFs, be prepared to pay 2 pts on whatever dollar amount needed. In some cases we can waive the fee depending on time frame of the deal, etc.

6. VODs happen rather quickly, so have your money ready!

7. For double close funding, have your buyer in place!

For future reference on all of our deals, you need to know this information:

1. We will be your best friend when completing any type of deal.
2. You may become excited with our level of follow through and we will be in contact with you daily letting you know where your deal is in the process.
3. If you need our money within 48 hours, we can complete the process and close the deal in most cases, just give us a call!

Happy Investing!

Clayton R. Hicks
President
Desoco Financial Group
Direct: 937-671-6238
Office: 877-630-4038

How can YOU use Transactional Funding?

Clayton Hicks (CRH Financial Partners) — Mon, 01 Dec 2008 06:56:43 -0800

Transactional Funding can be used in various ways.

1. Commercial Down Payment Assistance - This is being wildly used to cover the difference the banking system is leaving off, which we have mostly seen about 25%.

2. Residential Down Payment Assistance - This product can be sensitive. We have a certain structured way that this has to be done.

3. Escrow of Funds - Escrowing of funds is becoming overwhelmingly popular. The banks are wanting you to have "skin" in the game for nearly everything. We can provide up to 50 MM in escrow per month if we can control escrow, up to 10 MM per month in a third party escrow.

4. Proof of Funds - We can provide 2 different stages of POF, hard and soft

5. Verification of Desposit - This process usually helps wholesalers/investors recieve tapes of properties

6. Double Close Funding - Wholesalers have the ability to follow all the rules that the state governments have put into place when trying to "flip" properties

All the products that we offer have some stipulations. The client must make sure that we can place the money in escrow or come to closing with the money. We do not provide money directly to the client's bank account. Exit strategy is the most important, no credit checks. Unless it is an escrow agreement, we will always want our money back at closing!

Call us today for more information.

Clayton R. Hicks
President
Desoco Financial Services
Direct - 937-671-6238
Office - 877-630-4038
clayton@desoco.com

If Residential DPA were available, How Many Deals could you CLOSE this Month?

Clayton Hicks (CRH Financial Partners) — Mon, 24 Nov 2008 05:01:54 -0800

Desoco Financial Services have Residential Down Payment Assistance available!

How many deals could you close before the end of the year?

The ammunition that Desoco Financial Services provides could sky rocket your business today!

Transactional Funding Products and Services:

Double Close Funding
Commercial Down Payment Assistance
Verification of Desposit
Proof of Funds

Clayton R. Hicks
Desoco Financial Services
Direct: 937-671-6238

Transactional Funding! Can it help Residential Buyers?

Clayton Hicks (CRH Financial Partners) — Mon, 17 Nov 2008 07:08:41 -0800

Yes, Transactional Funding does help the Residential Market! How does it help is the biggest question.

Transactional Funding is unloading it newest product - Reserve Funding!

Reserve Funding is just that. We can help with 3-6 month reserves that banks might require to fund a purchase. We will require some documents from the deal, but mortgage brokers, real estate agents, and investors can now celebrate a little bit of VICTORY!

Submit your first deal today so that you may be able to take care of your clients or buyers again!

Transactional Funding:
Double Close Funding
Reserve Funding
Commercial Down Payment Assistance
Proof of Funds
Verification of Deposit

Clayton R. Hicks
President
Desoco Financial Services
Office: 877-630-4038
Mobile: 937-671-6238

What is Transactional Funding?

Clayton Hicks (CRH Financial Partners) — Tue, 11 Nov 2008 06:45:48 -0800

Transactional Funding is just this:

We will provide double close funding, commercial down payment assistance, verification of deposit, and proof of funds.

All the transactional funding above is guided by exit strategy only. No credit check, no delicate information delivered to us, just "How do we get our money back at closing?".

This is the most important factor in Transactional Funding.

Our products and services are important to wholesalers/investors trying to make money in this market. We supplement what you may not have. We do have fees involved but they are very subtle and warranted.

Thanks,

Clayton R. Hicks
President
Desoco
937-671-6238

What you need to UTILIZE Commercial Down Payment Assistance!

Clayton Hicks (CRH Financial Partners) — Sat, 08 Nov 2008 09:20:05 -0800

First of all, you need a deal.

Second, you need to provide contracts, appraisal, etc. Basically, everything you already have for the deal.

Third, you must be speedy about getting the docs to us including Transactional Funding application and NC/ND first thing.

Fourth, the points start at 4. If you don't have any money expect to pay more for the money. Also, the longer you take to get the information to us you run the chance of running up the points.

Fifth, be willing to accept the fact that we will not provide any money to you before the closing personally. We will put the money in escrow if you need it there.

Sixth, our service is impecable. We will be your best friend through this deal. We will consult with you and you will receive a daily phone call on progress.

I hope this information helps you get started on your way to SUCCESS!

Thanks,

Clayton R. Hicks