Questions borrowers actually ask.
Transactional funding pays for the A-B purchase in a double close. The fee is 1% the same day and 2% within 7 calendar days. The loans are for investment property, and sending a request starts the file.
These answers cover the fee, the double close, the states, and the documents. Your closer handles local title and tax questions.
What do borrowers ask?
What is transactional funding?
Transactional funding is the short loan that pays for your A-B purchase in a double close, so you can resell to the end buyer. The loan is repaid from the resale proceeds, often the same day.
How much does Brittco charge?
1% of the amount funded when the resale closes the same day, and 2% when it closes within 7 calendar days. Other closing costs may apply. The calculator is an estimate, not a quote.
Which states do you lend in?
Open the states page and look for Yes. The request form accepts every Yes state, including Missouri and Kansas. A No means Brittco does not lend there.
Do you lend on homes people live in?
Brittco funds investment property. These are business-purpose loans on real estate you will not live in.
What is a double close?
A double close is two transactions on the same property. You buy from the seller (A-B) and sell to the end buyer (B-C). Transactional funding pays for the purchase and is repaid from the resale.
What is the difference between same-day and seven days?
Same-day means we fund the A-B purchase and the resale repays the loan that calendar day. The fee is 1%. If the resale closes within 7 calendar days, the fee is 2%. Enter both dates on the request form and you will see which price applies.
Is the fee calculator a quote?
It shows the fee in a few seconds: the amount you enter times 1% or 2%. It is an estimate, not a quote. Title fees and other closing costs sit with the closer. Send the property when you want a price for that file.
What documents do you ask for?
Start with the A-B purchase contract, the B-C resale contract, a government ID, and the closer’s wiring instructions. Add entity documents when an entity is the buyer. The checklist is the working list, and your closer confirms the final set.
Are you a broker?
No. Brittco Capital, Inc. is a direct private lender. You talk with the people who make the lending decision.
Do you offer DSCR or new-construction loans?
Brittco funds three loans: transactional funding for a double close, fix and flip loans with rehab draws, and private money and bridge loans. DSCR, new construction, and gap loans are not part of that lineup.
What are the rates on fix and flip or private money loans?
Send the property and we price the fix and flip or private money file with you. The simple card on this site is transactional funding: 1% same-day and 2% within 7 calendar days.
Does sending a request mean I am approved?
Sending a request starts the file. It is not an approval. Every loan is subject to underwriting and approval.
Who is Brittco Capital?
Brittco Capital, Inc. is a Florida corporation and a direct private lender, founded by John Britton. Email john@brittcocapital.com or start with Request Funding. You talk with the people who make the lending decision.
Have a double close on the calendar?
Send the property, the amount, and the two closing dates. Same-day is 1%. Within 7 calendar days is 2%.