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  1. #1

    title company

    I have a lawyer who has a title company. averaging around 1.5 million in deposits a month. who will do this deal ?

  2. #2
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    What exactly is this title company looking for?
    Thanks
    Brent
    Brent Goggins
    Business Credit Consultants
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    Direct: 518-776-7501
    Email: BrentG@bccusa.com

  3. #3
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    title company

    Are they using an escrow account? I know with that kind of business they usually do. If they don't and use regular accounts I can get it done. If it is an escrow account it might get tricky but maybe possible. Please contact me for further help.

    Mike@SamsonPartnersLLC.com
    347-492-1801

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    I think you need to specify if it is 1.5 million into their Trust Account or 1.5 into their Company Account.

    If it is into their Trust Account, that is not income. A Trust Account holds money, usually from Lenders that are funding transactions for either a purchase or a refinance. The Trust Account funds CANNOT be used for any other purpose than to close a deal and distribute the funds to the appropriate parties.

  5. #5
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    Quote Originally Posted by chris32111 View Post
    I have a lawyer who has a title company. averaging around 1.5 million in deposits a month. who will do this deal ?
    If they have collateral and the deposits can be reflected via company bank account then we should be in good shape. If that's feasible definitely get in touch.
    Paul Marzolla
    CEO @ GreenBridge Loans

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    Quote Originally Posted by BigIz View Post
    I think you need to specify if it is 1.5 million into their Trust Account or 1.5 into their Company Account.

    If it is into their Trust Account, that is not income. A Trust Account holds money, usually from Lenders that are funding transactions for either a purchase or a refinance. The Trust Account funds CANNOT be used for any other purpose than to close a deal and distribute the funds to the appropriate parties.
    Agreed. If it is income vs. trust accounts I would be interested.

    Dan Page
    dan@fundingstrategypartners.com

  7. #7
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    Quote Originally Posted by chris32111 View Post
    I have a lawyer who has a title company. averaging around 1.5 million in deposits a month. who will do this deal ?
    I actually have funded 3 or 4 Title companies recently and they are ALL (Knock on Wood) performing very well. I'd love to make an offer on this one.
    Andrew J. McDonald
    Director of ISO Development
    Yellowstone Capital LLC
    1 Evertrust Plaza
    Suite 1401
    Jersey city, NJ 07302
    PH - 347.464.0785
    FX - 646.213.1790

  8. #8
    its going to a trust account....and they are looking for 100k

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