Wholesale Double Close Fundingin Paterson, New Jersey

Paterson grew around the Great Falls and water raceways that supported manufacturing mills. A former industrial setting is local context, not proof of a property’s present use. Tell us what your Paterson contracts actually cover. Our review brings the purchase, resale and proposed funding together for the specific file. Send both contracts and prices; funding can be ready in as little as 24 hours.

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Published funding fees
Purchase and resale review
New York Metro service areas

Published funding fees

Fees start at 1% on funding up to $500K with a $1,000 minimum, step to 1.25% from $500K to $1M, and 1.50% from $1M to $1.5M. Additional days, a second closing company and special paperwork carry the extra fees listed in the schedule. The full schedule with worked examples is on the transactional funding fees page.

Prepare the Paterson file

A former industrial setting is local context, not proof of a property’s present use. Tell us what your Paterson contracts actually cover. Ask your closing office and qualified advisers which title, disclosure and settlement requirements apply to this New Jersey transaction.

Review the actual Paterson transaction

Paterson grew around the Great Falls and water raceways that supported manufacturing mills. The local history gives the area context, but your funding request is assessed on its contracts and property details.

A former industrial setting is local context, not proof of a property’s present use. Tell us what your Paterson contracts actually cover. Identify the end buyer and list unresolved conditions so the review follows the actual closing plan.

Use the published fee schedule to estimate the funding charge. Confirm the written terms and separate 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 New York Metro, or see the double close vs assignment comparison.

  1. 1

    Submit the property details

    A former industrial setting is local context, not proof of a property’s present use. Tell us what your Paterson contracts actually cover. Include the purchase price, resale price and proposed closing date.

  2. 2

    Review the purchase and resale

    We review the Paterson request using your contracts and closing-office information. Missing documents and unresolved conditions can affect whether the file proceeds.

  3. 3

    Confirm the closing instructions

    If approved, follow the written funding terms and the New Jersey closing team’s instructions. Confirm the agreed sequence and repayment arrangements for both sales.

Questions wholesalers ask

Can a Paterson request involve a nonresidential property?

Describe the property and proposed structure accurately. This page does not promise eligibility; the actual purchase, resale and funding terms require review.

What should I send for a Paterson review?

Send the exact address, both contracts, agreed prices and closing-office details. A former industrial setting is local context, not proof of a property’s present use. Tell us what your Paterson contracts actually cover.

Which state rules apply to a Paterson deal?

This page concerns New Jersey property. Qualified advisers and the closing office should confirm the applicable licensing, disclosure and settlement rules; New York and New Jersey should not be treated as one jurisdiction.

What does transactional funding cost?

The published schedule starts at 1% for funding up to $500K, with a $1,000 minimum. Additional days and special arrangements can add charges. Confirm the written terms.

Does submitting a deal guarantee funding?

No. A submission requests a review, not an approval. Funding depends on the actual purchase, resale and agreed terms.

Ready to fund your Paterson 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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