Skip to main content
Apply nowApply now
Direct private lending in most states
Call us anytime at 512-617-9400
Program 05
Transactional Funding in Springfield
Springfield, Missouri transactional funding for same-day double closes.
Transactional funding covers the A-to-B leg of a Springfield double close, up to 100% of the purchase price, priced as a flat fee with no credit check or appraisal, because the loan is repaid the same day from the B-to-C sale. Missouri's new wholesaler disclosure law, sponsored by Springfield's own state senator, now puts a fourteen-day clock in front of assignment contracts, and a funded double close is built to work inside that clock. Missouri is a good-funds state, so the wire that closes your B-to-C leg is what pays off the A-to-B loan. Business-purpose lending only, and every closing structure is set in underwriting.
Same-day
funding
100%
of purchase
Days
not weeks
No credit
check
Typical figures, subject to underwriting and market conditions. Not a commitment to lend.
How it works
Funding is typically same-day with flat-fee pricing and no appraisal or credit check, since the loan is repaid from the simultaneous resale. Bring us the closing docs and we handle the rest.
Who it's for
Wholesalers
Assignment and double closes
Back-to-back closings
Time-sensitive resales
Typical terms
UseFunds the A-to-B leg
LeverageUp to 100% of purchase
TermDays, not weeks
PricingFlat fee
UnderwritingNo credit / appraisal
CloseSimultaneous
*Typical terms, subject to underwriting and market conditions.
Local FAQ
Transactional Funding in Springfield, answered.
Why does Missouri's new wholesaler disclosure law matter so much in Springfield?
Because it was written by Springfield's own state senator. RSMo 407.3600, created by SB 973 and effective August 28, 2026, requires a separate written disclosure, in boldface type of at least 12 point, signed and dated by both the record owner and the wholesaler, at least fourteen calendar days before the purchase contract is signed. It must state that the presenter is a wholesaler under Missouri law, that the owner should get legal advice, that the wholesaler does not represent the owner, that the contract can be assigned without the owner's consent, and that the price may be below market value. Sen. Curtis Trent, who represents Greene and Webster counties and lives in Springfield, sponsored the bill, which makes this a hometown law, not a distant statehouse rule.
Does a funded double close get a Springfield wholesaler out of the fourteen-day disclosure?
On a plain reading, it can, but this is not settled law. The disclosure statute reaches a person assigning a contract "without holding title," and in a double close the B buyer takes title before reselling to C, so the text as written places that structure outside the definition. RSMo 407.3600 took effect on August 28, 2026, and as of September 2026 no Attorney General guidance, Missouri Real Estate Commission advisory, or court decision construing it has been located. Treat the double-close reading as a starting point for a conversation with Missouri counsel, not as a settled workaround, before you rely on it for a Springfield contract.
How does Missouri's good-funds rule work on a Springfield back-to-back closing?
Missouri is a good-funds state: RSMo 381.412.1 requires certified funds on any closing disbursement above $2,500 from a buyer, seller, or non-institutional lender, and 381.412.2 bars a title insurer from disbursing against a non-certified deposit less than ten days old. Nothing in that statute bars a same-day A-to-B, B-to-C close; it governs the form the money arrives in, not its source, and the end buyer's wire is certified funds on its face. In practice, wire the funds, do not write a check, and confirm with your Greene County title or escrow company how they run a back-to-back on that basis, since Missouri closes through title and escrow companies rather than closing attorneys.
What does a Springfield double close cost compared with other states?
About as low as a closing cost stack gets. Missouri's constitution bars any new tax on transferring real estate at any level of government, so neither leg of a Springfield double close carries a transfer tax, and there is no mortgage recording tax on either loan. Recording runs on a $5 first-page base under RSMo 59.310, plus whatever surcharge Greene County adds on top, which we did not find published as a single all-in figure. Combined with the certified-funds discipline a wire already satisfies, a Springfield double close has fewer cost lines to underwrite around than most of the footprint.
Is there a typical assignment fee on a Springfield wholesale deal?
We do not have a sourced figure for one, so we do not print one. Some secondary blog sources quote a range for "mid-tier Missouri markets including Springfield," but that is not a primary or verifiable source, and no survey of Greene County title-company practice on back-to-back closings was located either. Structure your assignment fee, or your double-close spread, around your own deal economics rather than a number we cannot stand behind, and confirm your title company's back-to-back appetite before you count on it.
Do you check credit for Springfield transactional funding?
No credit check and no appraisal on this program. Transactional funding is underwritten on the two contracts and the closing itself, not on you, so there is nothing to pull. We fund up to 100% of the A-to-B purchase for a flat fee, in days rather than weeks. What we need is a real, scheduled B-to-C closing and a Greene County closer who has confirmed how the two legs will fund under Missouri's good-funds rule. Subject to underwriting.
FAQ
Transactional Funding questions, answered.
What is transactional funding, and when do I use it?
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.
How much does transactional funding cost?
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.
How much of the purchase will you fund?
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.
Do you check credit or require an appraisal?
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.
What do you need to fund the deal?
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.
How long is the loan?
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.
Resources
Guides for Transactional Funding
Fix and Flip · 6 min read
Fix and Flip Loan Requirements: What You Need to Get Funded
Read the guide Transactional · 4 min read
What Is Transactional Funding? (Double Closings for Wholesalers)
Read the guide Fix and Flip · 5 min read
Can You Fund a Fix and Flip With No Money Down?
Read the guide Getting Funded · 4 min read
How Fast Can a Hard Money Loan Close?
Read the guide Compare
Transactional Funding vs. other options
More in Springfield
Other programs in Springfield
Fix and FlipUp to 90% / 100% rehabRental / DSCR30-yr fixed, DSCR from 0.75Ground-Up ConstructionUp to 70% LTV, most statesCRE BridgeUp to $10M, 24-36 moBank Statement / No-DocNo tax returns requiredConventional InvestmentNon-owner-occupied investmentPortfolio LoansMultiple properties, one loanCRE PermanentLong-term agency & permSBA Financing7(a) & 504 placement
About the local figures on this page
Local rules move. Every tax rate, fee, ordinance and market figure here comes from a primary source and carries the date we read it, and we correct them as the rules change. Where a number is mid-change or we could not verify it, we say so rather than guess. Before you commit a budget, confirm anything that drives it with the city or county, and talk to your attorney or CPA on questions of law or tax.
Funding Springfield deals fast.
Get real terms, usually same day. No obligation, no hard credit pull to start.