Realtor Loans
REALTORS® may find themselves in situations where they need short-term funds to provide them money to cover expenses until they actually receive the commissions from their real estate transactions. While REALTORS® may enjoy flexibility in the hours that they work, allowing them to spend more time with their families or on a second career, this flexibility can come at a cost. The income that REALTORS® earn is in the form of commissions, which means that from month to month, an agent may find that he or she has significantly more or less freedom financially.
Avoid Waiting for the Next Closing with REALTOR® Loans
With the increase in home values that residential real estate has enjoyed over the past decade, commissions can be on the order of tens of thousands of dollars. Agents will not receive these payments, however, on a regular basis. Instead, they will put in many hours with a client until a purchase agreement is reached and the closing is completed. Even after a purchase agreement is reached, REALTORS® may need to wait months for their commissions, as circumstances may require that clients wait to complete the closing. REALTORS® who need funds earlier than their next closing can take out short-term advance to get advances on their commissions. A competitive flat fixed fee advance is charged on these loans, based on the amount that is advanced.
At Access Easy Funds, REALTORS® can take out loans of up to 90 percent of their commissions. If they are expecting to receive multiple commissions, the company can provide loans based on the combined value of the commissions. Call 1-888-FUNDS10 (1-888-386-3710) to speak with a representative.