Double Close Funding in Connecticut | Swift Deal Funding
Double Close Funding in Connecticut
Double close funding gives a Connecticut wholesaler the capital to buy from the seller (A-to-B) and immediately resell to an end buyer (B-to-C) on the same day, without bringing your own money to the table. Both legs run through one closing, and our funds are repaid from the end buyer’s proceeds the same day.
Connecticut runs a steadier, higher-priced market than the Sun Belt wholesale hubs, but the volume is real — especially around Hartford, which has ranked among the nation’s hottest markets, plus New Haven, Bridgeport, Stamford and Waterbury. With a statewide median in the $375,000–$400,000 range and metro values spanning roughly $320,000 to $567,000, double closes here typically fund $100,000 to $350,000. We hold capacity beyond $100,000,000 per deal for larger multifamily or commercial B-C closings.
How Double Close Funding closes in Connecticut
Connecticut is a wet-funding state and an attorney-closing state. Wet funding means our money disburses at signing rather than after recording, so both legs of a double close can complete the same day. The closing itself must be conducted by a licensed Connecticut attorney — there is no independent title-company table closing as you’d find in Florida or Colorado.
That attorney requirement is actually helpful for double closes: a single attorney handling both the A-B and B-C legs keeps the simultaneous closing tightly coordinated and the title chain clean. Wholesaling is permitted in Connecticut provided you disclose your equitable interest; there is no wholesaler-licensing statute. Confirm the simultaneous-closing structure, funds disbursement and recording order with your Connecticut closing attorney before scheduling.
Pricing
Tiered flat fee on the funded amount, collected only at closing:
| Funded Amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1M – $10M | 1.0% |
| $10M+ | Custom |
No upfront or application fees. 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 financing pre-approval
- Same-day closing scheduled for both legs
- A single Connecticut closing attorney handling both transactions
No credit, income, or tax-return checks. Connecticut note: line up an attorney who regularly handles investor and simultaneous closings, common in the Hartford and New Haven markets.
A typical Connecticut double close scenario
A Hartford wholesaler controls a two-family in the South End at $185,000 (A-to-B) with an assigned investor buyer at $215,000 (B-to-C). One Hartford closing attorney handles both legs the same afternoon. We wire $185,000 to the attorney’s escrow account by 9 AM Eastern; the A-B leg signs, the B-C leg follows, and the $215,000 in buyer proceeds repays our funding. At the up-to-$1M tier the fee is 1.25% of $185,000 — $2,312 — and the wholesaler keeps the spread without fronting cash.
Apply
Submit both contracts and your end-buyer verification online. Standard turnaround is ~48 hours; same-day wires are possible for complete files received before 11 AM Eastern.
Frequently Asked Questions
Does an attorney have to close my Connecticut double close? +
Yes. Connecticut is an attorney-closing state, so a licensed Connecticut attorney conducts the closing rather than an independent title or escrow company. For a double close that's an advantage: one attorney can handle both the A-B and B-C legs, keeping the simultaneous closing coordinated and the chain of title clean. We wire to the closing attorney's IOLTA or escrow account by 9 AM Eastern. Confirm the simultaneous structure with your Connecticut closing attorney.
Which Connecticut metros do you fund double closes in? +
Hartford has been one of the hottest markets in the Northeast, and we see the most double-close activity there along with New Haven, Bridgeport, Stamford and Waterbury. With a statewide median around $375,000 to $400,000, Connecticut double closes typically fund $100,000 to $350,000. Lower-priced inland markets near Hartford and Waterbury tend to produce more transactional wholesale volume than the pricier Fairfield County coast.
How fast can you fund a Connecticut double close? +
About 48 hours from a complete file to wire-ready, with same-day funding possible for files submitted before 11 AM Eastern with both contracts, verified end buyer, proof of funds and the title commitment. Because a Connecticut attorney closes the deal, coordinate the same-day signing schedule with that attorney early so both legs can record in proper order.
Apply for Double Close Funding in Connecticut
Submit your application online — same-day decisions for complete files before 2 PM Eastern.