Double Close Funding in Fresno, CA | Swift Deal Funding
Double Close Funding in Fresno, CA
Fresno is the Central Valley’s largest market and a value-priced wholesale engine, and a double close is how you protect your spread without exposing it on a settlement statement. Swift Deal Funding is a direct lender: we wire the cash for your A-to-B purchase so you buy from the seller and immediately resell to your end buyer, both legs closing the same day through one Fresno escrow.
With a median sale price around $390,000 — among the most affordable of California’s major metros — Fresno produces steady, workable spreads on entry-level and value-add inventory. Older bungalows and craftsman homes turn over in the Tower District, affordable single-family stock trades in west Fresno, and established neighborhoods like Sunnyside draw landlords and flippers. The region’s agricultural and logistics economy keeps a base of working-buyer demand. Funded amounts here commonly run $200,000 to $450,000, and we can fund up to $100,000,000+ on a single transaction. We never pull credit, verify income, or ask for tax returns.
How Double Close Funding closes in Fresno
California is a dry-funding, escrow state. The escrow company holds the money, and it disburses only after the Fresno County Recorder confirms the deed has recorded — nothing releases at signing. In the Central Valley, that escrow is often a title company’s in-house escrow department. A same-day double close is sequenced to fit that record-first requirement:
- You line up one investor-friendly Fresno escrow to run both the A-to-B and B-to-C legs.
- We move our funds into that escrow ahead of closing, so the cash is held in trust before the deed records.
- The A-to-B leg signs and the deed records with Fresno County; the seller is paid after the recording posts.
- The B-to-C leg follows within minutes; your end buyer funds, you take your spread, and we’re repaid from those proceeds once that recording confirms.
Since disbursement waits on recording instead of signing, the escrow’s recording cutoff is what decides whether both legs clear in one business day. Confirm same-day double-recording with your Fresno escrow before you lock a close date.
Pricing
Tiered flat fee, collected on the settlement statement only when the deal closes:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $390K deal = $4,875 |
| $1M – $10M | 1.0% | $1.5M deal = $15,000 |
| $10M+ | Custom | Contact us |
No upfront fees, no application cost. You pay only if the transaction funds and closes.
What you’ll need
- Fully executed A-to-B purchase contract (typically the CAR Residential Purchase Agreement)
- Fully executed B-to-C contract or assignment to your end buyer
- Verified end buyer with proof of funds or a financing pre-approval
- Same-day closing scheduled on both legs
- A single Fresno-area escrow handling both transactions
No credit check, no income docs, no tax returns; California has no wholesaler-licensing statute, so disclose your assignment or equitable interest. A local note: at Fresno’s lower price points, a cash or pre-approved end buyer keeps the same-day recording clean.
A typical Fresno double close scenario
A wholesaler ties up an older craftsman in the Tower District at $265,000 and has a fix-and-flip end buyer at $320,000. Rather than assign and show the $55,000 spread, the wholesaler books a double close at a Fresno title company’s escrow that runs investor deals daily. We wire $265,000 into escrow before closing. The A-to-B deed records with Fresno County, the seller is paid, and minutes later the B-to-C records with the end buyer’s $320,000. We’re repaid $265,000 plus the 1.25% fee ($3,312) from proceeds. The wholesaler nets roughly $51,688, and the seller never sees the markup.
Apply
Send both contracts and your end buyer’s proof of funds through our online form. Expect about 48 hours to wire-ready; a complete file in before 11 AM Eastern can close same-day, with the wire released at 9 AM.
Frequently Asked Questions
How does California's escrow recording sequence affect a double close in Fresno? +
California is a dry-funding, escrow state, so the escrow company disburses only after the Fresno County Recorder confirms the deed has recorded — not at signing. In the Central Valley, that escrow is often a title company's in-house escrow department. For a same-day A-to-B-to-C double close, both legs run through one escrow with our funds already in trust. The A-to-B records first, then the B-to-C, and our funded amount is repaid from B-to-C proceeds after recording. Confirm the recording cutoff with your Fresno escrow.
Do Fresno's lower price points change how double close funding pencils? +
The fee math is friendlier, not harder. With a Fresno median near $390,000, most deals sit well inside the 1.25% tier, so your funding cost on a $300,000 A-to-B leg is about $3,750 — small against a typical Central Valley spread. The mechanics don't change: one escrow, both legs recording the same day with the Fresno County Recorder, repaid from B-to-C proceeds. We underwrite on your two contracts and a verified end buyer, not the price point. Confirm same-day recording with your escrow.
Why double close instead of assigning a Fresno wholesale deal? +
To keep your spread off the seller's settlement statement. Fresno's affordability means buyers and sellers scrutinize every number, so on a value-add deal in the Tower District, west Fresno, or Sunnyside, keeping your markup private protects the transaction. With an assignment, your fee shows on the closing docs; with a double close, the A-to-B and B-to-C are separate transactions at one escrow. We wire the A-to-B funds, you resell, and we're repaid from B-to-C proceeds after recording. Confirm disclosure language with a California attorney.
Apply for Double Close Funding in Fresno, CA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.