Lobeling Capital
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Oklahoma · OK

Transactional funding in Oklahoma

Lobeling Capital funds the A-to-B leg of double closings in Oklahoma: 1% of the purchase price with a $1,000 minimum, approval within 24 hours, no credit check, and the wire goes to the closing agent before your A-to-B closes.

Wholesaling law in Oklahoma

Rule
License required to market contracts
Citation
Oklahoma Real Estate License Code, Okla. Stat. tit. 59, as amended by the Predatory Real Estate Wholesaler Prohibition Act (2021) and S.B. 1075 (2025)
Effective
2021; S.B. 1075 provisions effective November 1, 2025

Oklahoma treats publicly marketing an equitable interest in a purchase contract as licensed real estate activity. Advertising a wholesale deal on social media, the MLS or a public website without a license is prohibited. The 2025 update added a written pre-contract disclosure to the homeowner, a two-business-day right to cancel without penalty, standardized cancellation notices from the Real Estate Commission, and bans on posing as a licensed professional or clouding title.

What it means for a double close

The Act targets marketing a contract you have not closed on. A double close keeps you inside the exception: you buy the property, then sell it as the owner, and you do not publicly market it before you hold title. That is the structure Oklahoma wholesalers moved to after 2021, and it is exactly what transactional funding pays for.

How closings work in Oklahoma

Title or escrow company closings

Closings here are typically handled by a title or escrow company. We wire directly to the title company’s escrow account, and both legs of the double close must close at that same company.

Oklahoma closings go through title companies and abstract companies. Abstract updates can add days, so order them as soon as the A-to-B contract is signed.

Funding a double close in Oklahoma

  1. 1Send us your A-to-B purchase contract and B-to-C resale contract with the closing date.
  2. 2We review the deal, not your credit, and approve within 24 hours.
  3. 3Funds are wired to the closing agent handling both legs before the A-to-B closes.
  4. 4The B-to-C closes, our funding is repaid from the proceeds, and you keep the spread.

Sources

General information, not legal advice. Last reviewed October 2, 2026. Statutes change; confirm current rules with an attorney licensed in Oklahoma.