Wednesday, March 10, 2010


866-945-4238 • Cincinnati, OH
ESCROW SERVICES

This is the most creative of all of our transactional funding products combined. The need for this service is becoming overly popular with the large commercial projects. Developments and construction services need to have money to be able to achieve success in receiving financing for the larger deals.

We do have the ability to provide funds for platforms, CMO's, MT-760/799, etc. in order to satisfy your needs.

Some banks may require their attorneys hold escrow. In most cases that has the possibility of working out for you. We would prefer to hold hard escrow ourselves because both ways will achieve the same result. You do have the ability to renew!

Procedures once your POF Application is submitted:  We have 2 options available for the Investor

                                                                   

1. Escrow agreement

2. Fee agreement

3. Wire in $20,000.00 to open account up to 20M

4. LOI is issued to client

5. Commitment is issued to client

6. We fund

7. Client then has 24 hours to verify account and pay the "arrangement" Fee

Both options are viable to the investor, but the $20,000.00 only allows you up to a 20M account.

The client can do a 50M account for $50,000.00 and 100M for $100,000.00

 

                                                                      




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