Transactional Funding in Norman

Yes: the clock is set by statute, not by your lender. Since November 1, 2025, Oklahoma statute defines "wholesaler" as a category that expressly includes double closing (59 O.S. 858-102(20)). Section 858-314 requires the wholesaler to disclose an intent to assign at a higher price in writing before the contract is executed, and gives the homeowner a right to cancel without penalty within two business days after execution. The contract has to carry that cancellation notice in at least 12-point bold immediately next to the seller's signature line, and the notice itself states that the wholesaler cannot ask the seller to sign a deed until the right to cancel has ended. That sets the timeline: the first close does not happen on signing day. We're ready when the cancellation window closes; we don't build wholesale funding around outrunning it. Talk to an Oklahoma real estate attorney about your specific contract language.

The Real Estate Commission's own cancellation form, and it's free. OREC publishes "Notice of Homeowner's Cancellation of Wholesale Real Estate Purchase Contract" in its 2026 contract forms set, and 858-314(G) requires it in every wholesale contract. The form gives the homeowner two ways to cancel: within two business days of signing under 858-314(C), or at any time under 858-314(F) if the required disclosures were left out. Skip it and the contract is invalid and unenforceable by the wholesaler, which is the statute's own consequence, not ours. Point sellers at OREC's form and at Oklahoma counsel for anything about how to fill it out.

No, and that's the Norman-area scheduling trap. Oklahoma title insurance can only issue after an Oklahoma attorney examines a certified abstract prepared by an abstractor licensed in the county where the property sits (36 O.S. 5001(C)). A Norman or Moore deal needs a Cleveland County abstractor; cross the river into Newcastle, Blanchard, or Purcell and the property sits in McClain County, which needs a McClain County abstractor instead. A double close that straddles that line is two abstract plants, not one, so build the extra step into your calendar before you set a closing date.

No: the binding constraint on a Norman double close is the abstract and the two-day rescission window, not a lender's seasoning rule. Transactional funding never carried a seasoning requirement in the first place, here or anywhere, because the A-to-B leg is repaid out of the same-transaction B-to-C proceeds. What actually sets the Norman calendar is the county-licensed abstract examined by an Oklahoma attorney and the seller's two-business-day cancellation right under the 2025 wholesaler law. Plan around those two, not around seasoning.

The floor is the same in every Oklahoma county, including Cleveland: $8 for a deed's first page, $2 for each additional page, plus a $10 records-preservation fee per instrument. Cleveland County's own published fee page covers lien and judgment charges but not a deed or mortgage recording schedule, so confirm the current per-page charge with the County Clerk's office before you budget a double close down to the dollar. Documentary stamp tax is separate and layered on top, at $0.75 per $500 of consideration on each deed in every Oklahoma county, payable by the grantor unless your contract moves it.

Up to 100% of the purchase price on the A-to-B leg, priced as a flat fee, with no credit check and no appraisal. It's a simultaneous-close product: our money funds the A-to-B leg and comes back out of the B-to-C proceeds. On a wholesale deal, the calendar isn't ours to set. It's the two-business-day cancellation window Oklahoma's 2025 wholesaler law gives the seller, plus the county-licensed abstract each leg needs. Subject to underwriting.

Transactional funding is short-term capital that funds the A-to-B leg of a back-to-back (double) closing, so you can resell to your end buyer (B-to-C) the same day. It is built for wholesalers and assignment deals where you need to take title briefly without using your own cash.

It is priced as a flat fee rather than an interest rate, since the money is only out for a day or two. Market pricing generally runs about 1% to 3% of the amount funded, with a dollar minimum on small deals. You also cover the normal double-close costs such as title, escrow, and recording.

We can fund up to 100% of your purchase price on the A-to-B closing, so you bring no money to the table. The loan is repaid directly from the proceeds of your simultaneous B-to-C sale.

No. Transactional funding requires no credit check and no appraisal. Approval rests on a verified, ready-to-close end buyer rather than your personal finances, which is why it can fund same-day.

Your executed A-to-B and B-to-C contracts, proof of the end buyer's funds, and a title or escrow company that allows back-to-back closings. With those in hand we can fund the same day.

Very short, usually a matter of days. It is designed to be repaid out of the same-day or next-day resale, not held like a normal loan.