Here’s how every Real Quick Funds
1. Initial Deal Review – Confirm property, buyer, PSA, and refundable window.
2. Title Vetting – Verify company and escrow officer are legitimate and responsive.
3. Loan Docs – Promissory Note (PN) + Personal Guarantee (PG) signed.
4. Irrevocable Instructions – Two versions: Cancel (refund) and Payoff (repay at close).
5. Limited Power of Attorney (LPOA) – Allows RQF to communicate with title,
cancel if needed, and sign refund paperwork.
6. Title Acknowledgment – Title confirms receipt and agreement to follow RQF instructions.
7. Upfront Fee Collected – Payment received; deal cleared to fund.
8. Funds Wired to Escrow – RQF sends EMD directly to title/escrow.
9. Deal Outcome:
If it closes → Title repays RQF (EMD + fee).
If it cancels → Title refunds RQF per instructions.
In short:
Every step protects our capital, speeds up closing, and builds confidence with borrowers, title,
and referral partners alike.
Additional Resource: This is a video I did on EMD a while back targeted to borrowers so it focuses more on what EMD is and why it’s used with some explanation on the process but not detail on each step of the funding process: 15 Min YouTube Video
