Defer listing expenses till sale

Titus makes money by charging a small percentage-based fee to businesses as well as a risk-based flat fee for borrowers starting at 0%.

• For homeowners, after 6 months you can either repay or extend for another 6 months at an 18% annual interest rate. If your home doesn’t sell within that time, you’ll need to repay the loan.
• For agents, after 6 months you can either repay or roll the expense to another commission for an additional fee.

When the home sells, Titus is repaid for any funds used plus a flat fee. For example, if $100 is spent on listing prep with a 4% fee. Titus is repaid $104 when the home sells.

Titus performs a soft credit pull, which does not impact your credit score. However, if the loan is not repaid on time, Titus may report the delinquency to credit bureaus, which could affect your credit score.

Once the home is marked as contingent or pending, simply add the closing information on Titus. Titus coordinates directly with the closing agent and the loan payoff will be included in your closing statement.

Yes, Titus supports properties owned by LLCs and Trusts. Additional documentation is required that shows proof of ownership of the LLC or Trust that owns the property as well as documentation showing any outstanding mortgage balance. Note that all Titus loans are personal loans to individuals.

To qualify, homeowners must:

• Meet a minimum credit score (varies by state)
• Own the property being listed
• Have a loan-to-value below 80%
• Have a signed listing agreement with your real estate agent

Agents must:

• Meet a minimum credit score (varies by state)
• Have an active real estate license
• Have a signed listing agreement

$25,000. All homeowners qualify for $25,000 of purchasing power. Agents can qualify for up to $25,000 based on the expected commission amount.