SIMULTANEOUS CLOSING

“Simultaneous Closing” (Temporary Seller Financing) refers to two closings occurring simultaneously, or at the same time. Using this strategy, the seller sells the property, (using seller financing) creates a note, much like a bank would do, 4M Capital Mortgage Funding then purchases the note at or right after closing. Temporary Seller Financing and the “Simultaneous Closing” is not meant to replace traditional, conventional lending but is designed to be used as an additional alternative method of financing, when the conventional approach will not work. i.e.:

1. Buyer does not qualify because of high debt to income ratio.
2. Need to close quickly. While not everyone can be qualified for Temporary Seller Financing (Simultaneous Closing) our requirements are less strict than conventional lenders.

To learn more, complete our online QUOTE FORM.