Echo Funding in Sacramento, CA | Swift Deal Funding
Echo Funding in Sacramento, CA
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 rescues a deal when the buyer is short on the down payment but the spread still works. Sacramento Echo deals often run $30,000–$120,000 funded, with capacity to $10,000,000 per transaction, at a flat 2.5% fee and no upfront cost.
Sacramento is a mid-priced capital-city market with a median around $500,000 — a steep discount to the Bay Area that keeps relocating buyers and investors active. End buyers — flippers and landlords — work older single-family homes in Oak Park and Del Paso Heights and newer stock in Natomas. Spreads are moderate, so matching the right deal to Echo matters, and California’s dry-funding model frames how the repayment clears.
How Echo closes in Sacramento (dry-funding, record-first)
California is a dry-funding, escrow state. The Sacramento escrow — frequently a title company’s in-house escrow in NorCal — cannot pay out at signing. Disbursement follows recording with the Sacramento County Recorder. With Echo:
- We wire the down-payment funds into escrow before closing.
- The deal signs; the deed records with Sacramento County.
- Once recording confirms, the escrow disburses.
- In that same disbursement, your assignment fee repays our funded amount plus the flat 2.5%.
Because repayment follows recording rather than signing, confirm your escrow’s recording cutoff so the disbursement clears the same day instead of carrying into 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 purchase contract (typically the CAR Residential Purchase Agreement)
- Executed assignment contract showing your assignment fee
- Assignment fee ≥ funded down payment + 2.5% fee
- A Sacramento escrow prepared to disburse seller proceeds with the Echo repayment included
No credit check, income verification, or tax returns; California has no wholesaler-licensing statute, so disclose your assignment or equitable interest.
A typical Sacramento Echo scenario
You have a Natomas single-family home under contract and assign it to an end buyer at a $415,000 purchase price with a $38,000 assignment fee. The buyer is $32,000 short on the down payment. We wire $32,000 into your Sacramento escrow. The deal signs, the deed records with Sacramento County, and at disbursement escrow repays our $32,000 plus the $800 fee from your assignment fee. You net about $37,200, and the buyer closed without the full down payment in hand. With California disbursing only after recording, an early file keeps it same-day.
Apply
Submit your purchase contract and assignment contract online. We check that the assignment fee covers the funded amount before approving. Standard turnaround is ~48 hours.
Frequently Asked Questions
How does Echo funding work with California's record-first escrow rule in Sacramento? +
Echo funds your end buyer's down payment and is repaid from seller-side proceeds — your assignment fee. California is a dry-funding, escrow state, so the Sacramento escrow — often a title company's in-house escrow in NorCal — disburses only after the Sacramento County Recorder confirms the deed records. We wire the down payment into escrow before closing; once the deal signs and records, escrow releases seller proceeds and repays our funded amount plus the flat 2.5% from your assignment fee. Confirm the recording cutoff with your escrow so disbursement clears the same business day.
Does my Sacramento assignment fee need to cover the full Echo amount? +
Yes. Your assignment fee must be at least the funded down payment plus our flat 2.5%, because repayment comes from those seller-side proceeds at disbursement. Sacramento's ~$500,000 median keeps down payments and spreads moderate compared with the Bay Area or LA, so on a Del Paso Heights or Natomas deal we check the assignment contract closely before approval. As long as the fee covers the funded amount plus 2.5%, the Echo repayment clears once Sacramento County recording confirms.
Do I need a license to use Echo funding in Sacramento? +
No. California has no wholesaler-licensing statute, so you can control and assign a contract without a real estate license — just disclose your assignment or equitable interest. You'll need an executed CAR purchase contract, an assignment contract showing your fee, and a Sacramento escrow ready to disburse with the Echo repayment on the statement. We don't check credit, income, or tax returns. Because California disburses after recording rather than at signing, schedule the close so the Sacramento County recording clears within the business day.
Apply for Echo Funding in Sacramento, CA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.