Echo Funding in Arizona | Swift Deal Funding
Echo Funding in Arizona
Echo covers the down payment your end buyer can’t bring to the table, and we collect it back out of the seller’s proceeds — in a wholesale deal, that’s your assignment fee. Nobody has to come up with their own cash for the buyer’s shortfall, and the deal still closes. Arizona’s higher ticket sizes push Echo amounts into the $30,000–$120,000 range here, with room up to $10 million.
Few states give Echo more to do than Arizona. Phoenix runs one of the busiest fix-and-flip scenes in the country, Tucson and Mesa add real depth, and across 7.4 million residents end buyers are constantly outgunned by all-cash investors. When a strong buyer is simply short on liquid down payment, Echo keeps your assignment alive instead of letting it die on the closing table.
We lend directly — no broker in the middle, no credit pull, no income docs, no tax returns. The contracts are the underwriting. Flat 2.5%, nothing upfront.
How Echo Funding closes in Arizona
Arizona doesn’t use closing attorneys; it uses licensed escrow agents, regulated by the state Department of Insurance and Financial Institutions, working inside title/escrow companies. That escrow agent is the neutral party who releases seller proceeds and, in an Echo deal, routes our repayment back out of your assignment fee. We need that agent on board — confirmed and willing to build Echo repayment into the disbursement — before any money moves.
The timing wrinkle is that Arizona records before it disburses. The deed has to hit the county recorder first; only then does the escrow agent release funds and repay us. So our advance sits in escrow ahead of closing, and Echo repayment lands the moment recording confirms — still closing day, but governed by the recorder rather than the signing. Maricopa County’s e-recording makes that fast, but it’s the cutoff to watch. Assignments are legal in Arizona when you disclose your equitable interest; confirm the recording window with your escrow agent.
Pricing
A flat 2.5% on whatever we advance. Nothing upfront, no origination or application charge, all of it settled on the closing statement. Advance $80,000 and the cost is $2,000.
What you’ll need
- Executed purchase contract
- Executed assignment contract that shows your fee
- An assignment fee bigger than the advance plus the 2.5%
- An Arizona escrow agent who’ll repay Echo from seller proceeds and understands the record-first sequence
No credit check, no income verification, no tax returns.
A typical Arizona Echo scenario
A wholesaler has a Mesa single-family assigned for a $36,000 fee, but the incoming investor is $55,000 short on down payment. Echo drops $55,000 into the escrow account a day ahead. On closing day the Maricopa County recorder posts the deed, the escrow agent releases seller proceeds, repays us $56,375 (the $55,000 plus the $1,375 fee) straight from the assignment fee, and the wholesaler keeps the remaining $34,625 — all once recording confirms.
Apply
Send over the purchase and assignment contracts; we’ll confirm the fee clears the advance plus our 2.5% and line up your Arizona escrow agent on the record-first timing. Roughly 48 hours to wire-ready.
Frequently Asked Questions
Does Arizona's escrow-agent system change how Echo gets repaid? +
Not the mechanics, just who handles it. Arizona escrows are run by licensed escrow agents regulated by the state Department of Insurance and Financial Institutions, and that agent is the party that pays our Echo funding back out of your assignment fee when seller proceeds are released. Because Arizona records before it disburses, the repayment posts once the Maricopa or Pima County recorder confirms the deed — same closing day, but tied to recording rather than the signing moment. Your escrow agent can confirm the cutoff.
What's a realistic Echo structure on a Tucson deal? +
Say you've got a Tucson rental assigned for a $34,000 fee and your buyer is $48,000 light on the down payment a portfolio lender wants. We advance the $48,000 into escrow; at recording the escrow agent pulls $49,200 back to us (the advance plus the $1,200 fee) from your fee, and you walk with roughly $32,800. The only hard rule: your assignment fee has to be bigger than the advance plus 2.5%. Arizona's larger ticket sizes mean Echo can carry bigger down payments than most states.
How quickly does Echo turn around in Arizona? +
Give us the purchase contract, the assignment contract showing your fee, and an escrow agent who's agreed to repay Echo from proceeds, and we're typically wire-ready inside 48 hours — same day if it lands before 11 AM Eastern. The advance hits the escrow account by 9 AM Eastern on closing day. The one variable you can't control is Arizona's record-then-disburse order, so build your schedule around when the county recorder posts.
Apply for Echo Funding in Arizona
Submit your application online — same-day decisions for complete files before 2 PM Eastern.