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TRANSACTIONAL FUNDING APPLICATION CONTINUED. ADDITIONAL INFO Social Security Number: Date of Birth: ... ZIP: Work Phone: Mobile Phone: Fax: Number of
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How to fill out transactional funding application
How to fill out transactional funding application:
01
Start by gathering all the necessary documents and information. This may include your personal identification, business documents, property details, purchase and sale contracts, and any other relevant paperwork.
02
Carefully review the application form and ensure that you understand each question or section. If you have any doubts, seek clarification from the lender or seek professional advice.
03
Begin filling out the application form by providing your personal and contact information, including your name, address, phone number, and email.
04
Provide information about your business, such as its legal name, entity type, and business address.
05
Include details about the property you are acquiring through the transactional funding. This may include the address, purchase price, and any additional information requested by the lender.
06
Attach any supporting documents that are required, such as copies of purchase and sale contracts, proof of funds, or any other relevant paperwork.
07
Double-check all the provided information for accuracy and completeness, ensuring that there are no errors or omissions.
08
Submit the completed application form and supporting documents to the lender as per their specified instructions.
09
Follow up with the lender if necessary to ensure that your application is processed in a timely manner.
10
Stay in communication with the lender throughout the funding process to address any additional requests or requirements.
Who needs transactional funding application?
01
Real estate investors who need short-term financing for quick property flips.
02
House flippers who need funds to purchase and resell properties within a short period.
03
Wholesalers who acquire properties at a low price and quickly assign the contract to another investor for a fee.
04
Investors who engage in double closings or back-to-back closings to facilitate real estate transactions.
05
Individuals or businesses looking to take advantage of time-sensitive investment opportunities and need funds to complete the transaction promptly.
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