Double close funding

Close both sides without using your own cash.

MyDealLoan funds the A–B purchase in a double close. The money goes to the title or escrow company handling the closings, and it's repaid from your buyer's funds through the same escrow.

Investment properties only. Available in most U.S. states, except Alaska, Hawaii, Nevada, North Dakota, South Dakota and Wyoming. Every request is reviewed, and any loan is subject to approval and loan documents. Terms.

You have both contractsA signed purchase from the seller (A–B) and a signed sale to your buyer (B–C).
Funds go to escrowWe wire the A–B funds to the title or escrow company, never to you or anyone else.
Both sides close, we're repaidYour purchase closes, then your sale. The loan is repaid from your buyer's funds, and you receive your proceeds.

Request double close funding

Current terms are shared when we review your deal. Required fields are marked *.

Call me instead. Just leave your name and number and we'll call you.

First name * Last name *

Email * Phone *

Property address * Not available in AK, HI, NV, ND, SD or WY.

Your purchase price from the seller (A–B) * $ Your sale price to your buyer (B–C) * $

Closing date * How is your buyer paying? *

Both contracts (optional, but they speed up your decision) One PDF, PNG or JPG, up to 5 MB. Send the other contract and your buyer's proof of funds after you submit.

Title or escrow company (optional) About the deal (optional)

Referred by someone?

Their name Their email

So they get credit for sending you.

This is an investment property, not my home. * Send me occasional tips and funding updates by email. Unsubscribe anytime. (optional)

I agree to the terms and privacy policy, to MyDealLoan contacting me by phone or email about this request, and to MyDealLoan sharing it with funding partners and the title or escrow company as needed to review and fund it. *

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What we need

Both signed contracts (A–B and B–C) on an investment property
Your buyer's proof of funds, or their loan approval
The title or escrow company, ideally one office handling both closings
The closing date

Good to know

Each closing has its own settlement statement. Ask your title company how your buyer's statement will read before closing day.
If your buyer is financing, some loan programs restrict quick resales. For example, FHA-insured loans generally aren't available when the resale is 90 days or less after the seller acquired the property (24 CFR 203.37a). Ask your buyer's lender early.
Check that your title company does double closes before you're under contract.
Funds go only to the title or escrow company. We confirm wiring instructions with them by phone.

Need your earnest money deposit funded? See EMD funding.

How it works

Why a double close needs its own funds

In a double close you buy the property from the seller (A–B) and sell it to your buyer (B–C), usually on the same day with the same title or escrow company. Many title companies won't let your buyer's money pay for your purchase, so the A–B side needs its own funds. Double close funding covers that purchase for the short time between the two closings.

Send the dealBoth contracts, the closing date, and how your buyer is paying.
We review itThe contracts, your buyer's funds, and the title or escrow company.
Funds go to escrowWired to the title or escrow company for the A–B purchase only.
Repaid at closingFrom your buyer's B–C funds, through the same escrow.

Terms

Not an offer or commitment to lend. Information on this page describes a product. Every request is reviewed, and any loan is subject to MyDealLoan's approval, its current terms, and signed loan documents. Terms are provided during review.
Business purpose only. Double close funding is for investment real estate held or purchased for business purposes. It is not available for a property you live in or plan to live in.
Where we lend. Double close funding is available in most U.S. states. It is not currently available in Alaska, Hawaii, Nevada, North Dakota, South Dakota and Wyoming. Availability can change.
Educational information. Nothing on this page is legal, financial or tax advice. Talk to your attorney about your contracts and any disclosure your state requires.
Contact. By submitting, you agree MyDealLoan may contact you by phone or email about your request. We don't send marketing text messages. Marketing emails go only to people who opt in, and you can unsubscribe anytime.
Your information. We use what you send to review and service your request. We may share it, including documents you upload, with funding partners and the title or escrow company as needed to review and fund the deal. See our privacy policy.