Your Northbrook funding request should identify the end buyer and any open contract conditions. Include the closing office so the review follows the actual transaction plan.
Wholesale Double Close Fundingin Northbrook, Illinois
Northbrook developed from the community formerly called Shermerville. Keep the present property identification consistent between purchase and resale documents. Explain any subdivision restrictions known to you rather than treating them as uniform across the village. Our transactional funding review brings the purchase, resale and closing arrangements together for that specific property. Send both prices and the documents you have; funding can be ready in as little as 24 hours.
Submit your Northbrook deal
Tell us what you have under contract. We'll review it and get back to you.
Deal Received
We have your Northbrook deal and will review the numbers. Watch your phone and email for a response.
Published funding fees
Use the published schedule to estimate the funding charge before committing to the purchase. Confirm any extra charges and the final written terms for your file. The math behind each line is on the transactional funding fees page.
| Funding Amount | Fee or Detail |
|---|---|
| Up to $500K | 1% ($1,000 minimum) |
| $500K to $1M | 1.25% |
| $1M to $1.5M | 1.50% |
| Additional days | 0.2% per day |
| Two title or closing companies | 1.75% |
| Funding over $1M | Longer due diligence |
| Morby Method | Fees paid upfront via Zelle or wire |
| Additional paperwork or special terms | 1.75% or a per-document fee at our team's discretion |
Prepare the Northbrook transaction file
Keep the present property identification consistent between purchase and resale documents. Explain any subdivision restrictions known to you rather than treating them as uniform across the village. Each sale needs its own contract and settlement requirements. Ask your closing office and qualified advisers which documents and state-specific rules apply before committing to the structure.
A review based on the Northbrook property
A Northbrook transaction needs a review of the specific purchase and resale, not a decision based on the neighborhood alone. Submit the actual property details and identify any questions already raised by your closing office.
The published fee schedule is a starting point for estimating the funding charge. Confirm the written terms and both sets of settlement costs before deciding whether the transaction works.
Three steps from contract to close
Both transactions typically run through the same title company or closing office. Read how double closing works in the Chicago Metro, or see the double close vs assignment comparison.
- 1
Submit the property details
Send the Northbrook, IL address, both agreed prices and the proposed closing date. Include the signed contracts you have and flag any documents still outstanding.
- 2
Review both contracts
We review the purchase, resale and funding request with the information you provide. Missing documents or unresolved title conditions may affect whether the file can proceed.
- 3
Confirm the closing plan
If the file is approved, the closing team confirms funding instructions and settlement requirements. Both transactions must follow the agreed sequence and written terms.
Questions wholesalers ask
What local details matter in Northbrook?
Northbrook developed from the community formerly called Shermerville. Keep the present property identification consistent between purchase and resale documents. Explain any subdivision restrictions known to you rather than treating them as uniform across the village.
What should I submit for a Northbrook review?
Send the exact Northbrook, IL property address, both contracts, the end buyer's status and closing office. Identify missing documents and any unresolved conditions.
What is a double closing?
A double closing uses two separate sales of the same property. You purchase from the seller and then sell to your end buyer, subject to the contracts and closing requirements for each transaction.
What does transactional funding cost?
The published schedule starts at 1% for funding up to $500K, with a $1,000 minimum. Additional days, multiple closing companies and special paperwork can add costs, so confirm the written terms for your file.
Does submitting a deal guarantee funding?
No. A submission requests a review of your purchase, resale and closing arrangements. Funding depends on the specific file and the applicable terms.
Nearby service areas
Ready to fund your Northbrook double closing?
Submit the deal and we will review the numbers. The review depends on your contracts, property details and closing arrangements.
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