Double Close Funding in California | Swift Deal Funding

Double Close Funding in California

Double close funding lets a California wholesaler close the A-to-B purchase from the seller and the B-to-C resale to the end buyer the same day, using our capital for the middle leg so your own cash is never exposed. We fund the buy, the end buyer’s proceeds repay us, you keep the spread. With the highest home values in the country, California double closes run larger than most states — typically $150,000 to $500,000 — and our capacity exceeds $100 million per transaction.

California is a massive, high-velocity market of nearly 39 million residents. Los Angeles, San Diego and San Jose anchor the activity, with deep value-add and assignment opportunity across the major metros. Because price points are high, deal sizes — and the transactional funding behind them — are correspondingly large, which is exactly where double close funding earns its keep.

Swift Deal Funding is a direct lender, not a broker — no credit check, no income docs, no tax returns. Your executed contracts and a verified end buyer underwrite the deal.

How Double Close Funding closes in California

Two California-specific realities shape the timing. First, California is escrow-driven: closings run through a neutral escrow officer — an independent escrow company in much of Southern California, or a title company’s escrow division in Northern California — not a mandated attorney. For a double close you want one escrow holder running both the A-B and B-C files so a single officer controls disbursement order and recording.

Second, California is a dry-funding state. Funds disburse only after the deed records — not at the signing table. So a same-day A-B-C close depends on the county recorder confirming both deeds on closing day; the escrow officer holds our wired funds until recording confirms, then disburses and our funds repay from the B-C proceeds. In the LA and San Diego recorders this is routine high-volume work, but the sequence still hinges on the recorder’s daily cutoff. We wire by 9 AM Eastern. Note too that California’s licensing rules are strict — assigning is legal but you must disclose your equitable interest. Confirm the recording timing and your structure with your California escrow officer and a real estate attorney.

Pricing

Tiered flat fee on the funded amount, collected through the closing statement — no upfront or application fees:

Funded Amount	Fee Rate	Example
Up to $1,000,000	1.25%	$400K = $5,000
$1M – $10M	1.0%	$2.5M = $25,000
$10M+	Custom	Contact us

You pay only if the deal funds and closes.

What you’ll need

• Fully executed A-to-B purchase contract
• Fully executed B-to-C assignment or purchase contract
• Verified end buyer with proof of funds or a financing pre-approval
• Same-day closing scheduled with same-day recording confirmed (essential in dry-funding California)
• A single California escrow holder running both transactions

No credit check, no income verification, no tax returns.

A typical California double close scenario

A wholesaler ties up a dated bungalow in San Diego’s City Heights at $560,000 (A-B) and resells it to a flip team at $625,000 (B-C). One San Diego escrow company runs both files and the end buyer’s proof of funds is verified. We wire $560,000 by 9 AM. Documents sign, the San Diego County recorder confirms both deeds the same day, the escrow officer disburses, and the $625,000 repays us. Our fee on the $560,000 funded leg is 1.25% ($7,000), so the wholesaler nets $58,000 of the $65,000 spread — same business day once recording confirms.

Apply

Submit both contracts and your end-buyer verification online; we coordinate with your California escrow officer on the dry-funding recording sequence. ~48 hours to wire-ready.

Apply for Double Close · See full process