Once submitted, no changes to the name or entity are allowed except by new purchase.

DISCLOSURE and DISCLAIMER

To receive a Proof of Funds (POF), Verification of Deposit (“VOD/POF”), and Letter of Credit (“LOC”), you must read and approve the following Disclosures.

The purpose of our LOC/ POF and VOD is to facilitate the users’ ability to get real estate transactions under contract and once an end buyer is contracted, for us to fund these purchases as a same-day double closing transactional funder. Our documents are not long-term loan commitments and should not be considered as such by the user. If the transaction is approved for a same-day double closing, the transaction will be funded if the investor follows the guidelines set forth by us. These guidelines include, but may not be limited to, both the A-B and B-C “legs” close on the same day with the same closing agent. The end buyer must use cash or a pre-approved hard money loan for the B-C purchase as long as the hard money lender closes on the same day as the A-B leg.

We do not do any extended funding, bridge loans, hard money loans, or closing of each “leg” at different closing agents (attorneys). We also do not fund in various states which currently include, CA, NV, NY, or any state where the two closings (A-B and B-C) cannot take place on the same day with the same closing agent or attorney.

We fund individuals or entities, and this must be disclosed by the investor so the LOC can be issued correctly. Please double check ALL information submitted. We do not provide any revisions to the LOC once the information you provide has been submitted, NO EXCEPTIONS. The standard time frame for receiving the LOC/POF’s is 2 to 3 hours for urgent and 24 to 48 hours for non-urgent. For urgent requests, if you do not call ahead of time then the delivery time may vary. Please also understand holidays, weekends, and emergencies may vary the schedule. Again, please call to verify before purchasing if time frame is an issue. We do not fund Earnest Money Deposits (“EMD”) unless they are shown on the final settlement statement. We do not fund “down payments” required by conventional or hard money lenders. We are not security dealers, brokers, or advisors as designated by the Securities and Exchange Commission (“SEC”).

While our clients’ experiences (contract acceptances) from sellers and listing agents have been extremely high, we make no representations or warranties that the user will be able to successfully use our POF, VOD or LOC to be approved by sellers or listing agents.

We are not responsible for any misuse of our POF, LOC, and VOD. These are intended ONLY for use with real estate closings where the investor will be reselling the property on the same day, we fund it and with the same closing agent (attorney).

Any information we collect from the user for qualifying for funding of a transaction, will not be sold or transferred to any outside party.

Our guarantee does not cover a seller or agent rejecting your offer because they don’t believe our VOD/POF/LOC is real. I will personally speak to sellers or agents every day, and I have my personal phone number on the LOC for them to contact me.

Double Your Money GUARANTEE terms- You must close a same-day wholesale double closing where we provide the transactional funding. We will reimburse you double what you paid for the VOD/POF that we issued you. Guarantee is available for one VOD/POF purchased per customer, per month, or within 60 days of the original issuance date during which time the funding must be completed.

Purchase of the VOD/LOC means that you agree to these terms.