Double Close Funding in Salt Lake City, UT | Swift Deal Funding
Double Close Funding in Salt Lake City, UT
Double close funding in Salt Lake City covers the wholesale A→B→C structure: you buy from the seller and resell to your end buyer the same day, through one Utah title/escrow company and a single file. We provide the A-to-B capital so your own cash never enters the deal. Salt Lake City deals we fund typically run $250,000–$900,000 — higher than the desert markets to the south — with capacity past $100,000,000 on a single transaction.
Salt Lake City has been reshaped by tech-driven inflow along the Wasatch Front, pushing the median to around $560,000. Inventory turns over in the west-side neighborhoods — Glendale, Rose Park, and Poplar Grove — where older homes draw flippers and rental buyers. One detail sets Utah apart from its neighbors: it’s a wet-funding state, which changes how a same-day double close times out.
How a double close closes in Salt Lake City (wet-funding — the contrast)
Utah is a wet-funding, title/escrow state — unlike dry-funding Nevada, Arizona, and New Mexico nearby. That means the Salt Lake City escrow agent disburses at the table once documents are signed, without waiting for the deed to clear the Salt Lake County Recorder. The sequence:
- We wire the A-to-B funds to your Salt Lake City escrow agent by 9 AM Eastern.
- Both legs sign at the table.
- The A-to-B leg funds and the B-to-C leg funds in the same sitting.
- Our A-to-B capital plus fee is repaid from end-buyer proceeds at disbursement.
Because disbursement isn’t gated by county recording, the chain can move faster here than in record-first states. Recording still follows, but the funds don’t wait on it. Confirm exact timing with your Utah escrow officer.
Pricing
Tiered flat fee on the funded amount, collected on the settlement statement, no upfront cost: up to $1M = 1.25%, $1M–$10M = 1.0%, $10M+ custom. A $450,000 A-to-B leg runs a $5,625 fee.
What you’ll need
- Executed A-to-B purchase contract
- Executed B-to-C assignment or purchase contract
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- A single Utah title/escrow company handling both transactions
No credit pull, income docs, or tax returns; no Utah wholesaler license required.
A typical Salt Lake City double close scenario
You tie up a 1950s home in Rose Park at $410,000 (A-to-B) and assign the position to a flipper at $455,000 (B-to-C) — a $45,000 spread you’d rather keep off the buyer’s statement, especially with seismic-retrofit work likely on a Wasatch Front rehab. We wire $410,000 to your Salt Lake City escrow agent by 9 AM Eastern. Both legs sign and fund at the table that morning; our $410,000 plus the $5,125 fee is repaid from end-buyer proceeds, and you net about $39,875 — the same day, without waiting on county recording.
Apply
Upload both contracts and your end-buyer verification online. Standard turnaround is ~48 hours to wire-ready; same-day is possible for complete files in before 11 AM Eastern.
Frequently Asked Questions
Is Utah a wet or dry funding state for a Salt Lake City double close? +
Utah is a wet-funding, title/escrow state — a notable contrast to neighbors like Nevada, Arizona, and New Mexico. That means your Salt Lake City escrow agent can disburse funds at the closing table once documents are signed, rather than waiting for the deed to record. For a same-day A-to-B-then-B-to-C double close, that table-funded timing can make the chain move faster than in record-first states. We still wire by 9 AM Eastern so both legs are funded and ready.
Do I need a license to double close in Salt Lake City? +
No. Utah does not require a wholesaler or real estate license to control and resell a contract you've put under agreement. You'll need a fully executed A-to-B purchase contract and a separate B-to-C contract with a verified end buyer. A Utah title/escrow company along the Wasatch Front handles both legs. We provide the A-to-B capital and coordinate the closing statement; because Utah funds wet, disbursement follows signing at the table rather than county recording.
How does wet-funding speed up a same-day double close in Salt Lake City? +
In Utah, the escrow agent disburses at the table once both legs sign — there's no wait for the deed to clear recording before funds release, as there is in dry-funding Nevada, Arizona, or New Mexico. So once our A-to-B wire lands by 9 AM Eastern and the documents are executed, the A-to-B funds, the B-to-C funds, and our capital is repaid from end-buyer proceeds in the same sitting. It's one of the cleaner same-day chains because the timing isn't gated by the county recorder.
Apply for Double Close Funding in Salt Lake City, UT
Submit your application online — same-day decisions for complete files before 2 PM Eastern.