Echo Funding in Phoenix, AZ | Swift Deal Funding
Echo Funding in Phoenix, AZ
Echo funding (transactional down-payment funding) supplies the cash an end buyer needs to close, repaid directly from the seller-side proceeds — in a wholesale deal, your assignment fee. It keeps a deal alive when the buyer is short on the down payment but the spread is strong. Phoenix Echo deals typically run $30,000–$120,000 funded, with capacity to $10,000,000 per transaction, at a flat 2.5% fee with no upfront cost.
Phoenix’s flip volume is the draw. With a median near $460,000 and competition heavy in Maryvale, South Phoenix, and the Arcadia-adjacent corridors, assignment spreads are frequently large enough to absorb a down-payment advance and still leave a healthy net. Heat-stressed roofs, dated pools, and caliche foundation issues keep the rehab pipeline full and the end-buyer pool active.
How Echo closes in Phoenix (dry-funding, record-first)
Arizona is a dry-funding escrow state, so the mechanics differ from a wet state. The Phoenix escrow agent cannot pay out at signing — disbursement happens only after the deed records with the Maricopa County Recorder. With Echo:
- We wire the down-payment funds into escrow before closing.
- The deal signs; the deed records with Maricopa County.
- Once recording confirms, the escrow officer disburses.
- Seller-side proceeds — your assignment fee — repay our funded amount plus the flat 2.5% in that same disbursement.
The key Phoenix nuance: repayment is tied to recording, not the signing table. Confirm your escrow officer’s recording cutoff so the disbursement clears the same day rather than rolling to the next morning.
Pricing
Flat 2.5% of the funded amount, collected on the settlement statement at disbursement. No application, origination, or upfront fees.
What you’ll need
- Executed AAR purchase contract
- Executed assignment contract showing your assignment fee
- Assignment fee ≥ funded down payment + 2.5% fee
- A Phoenix escrow agent prepared to disburse seller proceeds with the Echo repayment included
No credit check, income verification, or tax returns; no Arizona wholesaler license required.
A typical Phoenix Echo scenario
You have a South Phoenix bungalow under contract and assign it to an end buyer at a $250,000 purchase price, with a $30,000 assignment fee. The buyer is $20,000 short on the down payment. We wire $20,000 into your Phoenix escrow. The deal signs, the deed records with Maricopa County, and at disbursement the escrow officer repays our $20,000 plus the $500 fee out of your $30,000 assignment fee. You net about $9,500, and the buyer closed without bringing the full down payment. Because Arizona disburses post-recording, getting documents in early keeps it same-day.
Apply
Submit your purchase contract and assignment contract online. We confirm the assignment fee covers the funded amount before approval. Standard turnaround is ~48 hours.
Frequently Asked Questions
How does Echo funding work with Arizona's record-first escrow rule in Phoenix? +
Echo funds your end buyer's down payment at closing and is repaid from the seller-side proceeds — usually your assignment fee. Because Arizona is a dry-funding escrow state, the Phoenix escrow agent only disburses after the deed records with Maricopa County. We wire the down payment into escrow ahead of closing; once the deal signs and records, the escrow officer releases seller proceeds and repays our funded amount plus the 2.5% fee from your assignment fee in the same disbursement. Confirm the recording timeline with your escrow officer.
Does my Phoenix assignment fee need to cover the full Echo amount? +
Yes. Your assignment fee on the deal must be at least the funded down payment plus our flat 2.5% fee, because repayment comes out of those seller-side proceeds at disbursement. In a typical Phoenix flip — say an Arcadia-adjacent property with a healthy spread — that's easily covered. We verify the assignment contract shows a fee large enough before we approve, so there's no surprise when escrow releases after recording.
Do I need a license to use Echo funding in Phoenix? +
No Arizona wholesaler or real estate license is required to control and assign a contract. You'll need an executed AAR purchase contract and an assignment contract showing your fee, plus a Phoenix escrow agent ready to disburse with the Echo repayment built into the statement. We don't check credit, income, or tax returns — the contract and assignment fee underwrite the deal. Because Arizona disburses post-recording, plan the close so the recording clears within the business day.
Apply for Echo Funding in Phoenix, AZ
Submit your application online — same-day decisions for complete files before 2 PM Eastern.