Microlend Services announces Gator Lending, which provides real estate investors with rapid Earnest Money Deposit funding within hours. The program features transparent pricing, no credit checks, and serves wholesalers and fix-and-flip investors nationwide.
-- Microlend Services announces Peer to Peer Lending, or Gator Lending, a program that provides real estate investors with rapid funding for Earnest Money Deposits (EMDs). The service transfers funds to investors within hours—allowing them to secure property contracts without tying up their own capital.
For more information, visit https://microlendservices.com/
Gator Lending addresses the time-sensitive nature of real estate transactions by funding EMDs, and other short-term cash needs. The program offers a 48-hour standard processing window, though the company has completed transactions in as little as a twenty-four hour turnaround when necessary.
The service uses a straightforward pricing model: EMD funding costs a 40% flat return plus a non-refundable transaction fee of $250, while double closings incur a 1.5% to 2% fee depending upon time of transaction. Microlend Services evaluates applications based on the merits of each transaction rather than personal credit scores, eliminating credit checks from the approval process.
To manage risk, Microlend Services requires all deals to include an inspection period and declines non-refundable EMDs without adequate investor protection. The funding process consists of five steps: online submission with contract and estimated Closing Statement/HUD documentation from Escrow or Title Company, Microlend Service review, document execution, fund transfer to Escrow or Title Company, and communication with both Buyer and Seller through closing.
The Texas-based private lender serves real estate investors across the United States and offers online calculators that show precise costs before application. The EMD Calculator displays investor return, profit share percentage, and applicable fees, while the Double-Closing Calculator provides a breakdown of the 1.5% -2% costs associated with back-to-back transactions.
Microlend Services has also developed an educational hub covering EMD strategy, refund rules, and contract pitfalls. These resources aim to help investors understand the nuances of earnest money deposits and how they function within various real estate investment strategies.
The service benefits wholesalers securing contracts without personal funds, fix-and-flip investors starting renovations, and passive capital partners seeking short-term returns with reduced market exposure.
Microlend Services positions its GLending program as an alternative to traditional bank financing, emphasizing the speed of transactions and transparency in pricing. The company's business model focuses on short-term capital for real estate transactions, with a particular emphasis on the earnest money deposit phase of property acquisition.
For additional details about Gator Lending and Microlend Services, visit https://microlendservices.com/
Contact Info:
Name: Elizabeth Ellison-Bird
Email: Send Email
Organization: MicrolendServices.com
Address: 5605 FM 423 Ste 500, Frisco, Texas 75036, United States
Website: http://www.microlendservices.com
Source: PressCable
Release ID: 89164562
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