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Fernando Peña

Speedy Strategies
EMD Funders

About

Transactional Lender
EMD & Double Closes
Are you an HML? No
Do you Fund Gap? No
Do you Fund EMD? Yes

Lending criteria

EMD Fee = 40% of the borrowed amount + a minimum non-refundable deposit of $250 prior to us wiring the money.
If the EMD is greater than $25,000, a 1% deposit of the borrowed amount will be required.
The deposit will be credited towards our fee at closing.
If the transaction falls through, we will keep the deposit.
The only circumstance where we would refund the deposit is if we do not end up wiring the money.
ONLY FUNDING FOR REFUNDABLE EMD
Personal guarantee must be signed.
Our EMD must be replaced with other money (ex. GAP lender funds) prior to the due diligence period ending.
Feel free to go to the listed website below for further information.
I have partners that are involved in these transactions.
Either I, or one of my partners, will be in touch with you regarding your EMD needs.
If you are a wholesaler who needs help with double closes, I'd be more than happy to help!

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