Transactional lender · New Mexico
Transactional funding in New Mexico
Same-day funding for New Mexico double closings, including Albuquerque, Las Cruces and Santa Fe. Axelrad funds 100% of your A–B purchase so you can close on your end buyer's money. No credit check and no upfront fees.
How a New Mexico double close works with us
Step 1
Send both contracts
Your signed A–B purchase contract on the New Mexico property, your signed B–C resale contract, and your end buyer's proof of funds.
Step 2
We confirm the closing
We talk to the title company or closing attorney handling both sides, so the money and the deeds move in the right order.
Step 3
We fund the A–B
We wire 100% of the purchase price for the A–B closing. Your end buyer's funds at the B–C closing repay us, often the same day.
Closing a double close in New Mexico
Who runs the closing
In New Mexico, a title or escrow company typically runs both the A–B and the B–C closing. Not every title company will close a double close funded by a transactional lender. If yours will not, Axelrad can introduce a title partner who does.
Transfer tax on two deeds
New Mexico has no statewide deed transfer tax, which keeps the cost of a second closing down. Some local governments levy their own, so confirm with your title company.
A non-disclosure state
New Mexico does not put sale prices in the public record, so your end buyer prices the deal from MLS data, an appraisal or their own comps. Have their contract signed and their proof of funds in hand before you ask for funding. That is what we underwrite.
Have both contracts signed?
Get your New Mexico double close funded.
Send the A–B and B–C contracts and your buyer's proof of funds. We review the deal, not your credit.
Request transactional fundingNew Mexico transactional funding questions
Do you offer transactional funding in New Mexico?
Yes. Axelrad is a direct transactional lender and funds double closings in New Mexico, including Albuquerque, Las Cruces and Santa Fe. We fund 100% of the A–B purchase and are repaid from your end buyer's funds at the B–C closing.
Can I double close the same day in New Mexico?
In New Mexico, a title or escrow company typically runs both the A–B and the B–C closing. Not every title company will close a double close funded by a transactional lender. If yours will not, Axelrad can introduce a title partner who does.
Do I pay transfer tax twice on a New Mexico double close?
New Mexico has no statewide deed transfer tax, which keeps the cost of a second closing down. Some local governments levy their own, so confirm with your title company.
Do you check my credit for transactional funding?
No. There is no credit check and no upfront fee. We look at the deal: the signed A–B purchase contract, the signed B–C resale contract, and proof that your end buyer has the funds to close.
Prepare the deal
Transactional funding near New Mexico
- Arizona transactional funding
- Texas transactional funding
- Colorado transactional funding
- Oklahoma transactional funding
- All states
Business-purpose funding for real estate investors. Availability, structure and terms depend on the transaction and underwriting.