Stack Funding in Fresno, CA | Swift Deal Funding
Stack (Morby Method) Funding in Fresno, CA
Stack funding provides the cash needed at the closing table when a seller carry-back note covers the buyer’s down payment but escrow still requires real funds to close. After it records, that second-position note repays our funds plus a flat 2.5% fee, usually within the same business day. Fresno Stack deals commonly run $30,000–$120,000 funded, with capacity to $10,000,000 per transaction.
Stack fits Fresno’s creative-finance deals. With a median around $390,000 and a deep stock of long-held single-family homes, sellers in the Tower District and Sunnyside will often carry paper rather than take a full cash payout, preferring steady income at the Central Valley’s lower price points. Subject-to and owner-finance structures turn up regularly, and Stack provides the working capital escrow needs to record — with California’s dry-funding model setting the timing.
How a Stack deal closes in Fresno (dry-funding, record-first)
California is a dry-funding, escrow state, so escrow records before disbursing — nothing releases at signing. The sequence:
- The deal is set up with a seller carry-back covering the down payment plus closing costs.
- We wire the cash needed to close into escrow.
- The deal signs; the Fresno County Recorder records the deed, then the carry-back note in second position.
- Once recording is confirmed, escrow disburses and the recorded note repays our funds plus 2.5%.
The recorded second-position note is the repayment instrument, so recording can’t be skipped — and because California releases funds only after recording, your escrow’s recording cutoff governs whether it clears same day. In the Central Valley this escrow is often a title company’s in-house department.
Pricing
Flat 2.5% of the funded amount, collected on the settlement statement. No upfront fees.
| Funded Amount | Fee |
|---|---|
| $40,000 | $1,000 |
| $80,000 | $2,000 |
| $120,000 | $3,000 |
| Up to $10,000,000 | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back ≥ required down payment + closing costs
- A Fresno escrow prepared to record the second-position note immediately after closing
- Written confirmation from escrow that the note will be recorded as agreed
No credit check, income verification, or tax returns; California has no wholesaler-licensing statute.
A typical Fresno Stack scenario
You structure an owner-finance deal on a Tower District bungalow where the seller — a longtime owner who wants monthly income, not a lump sum — carries a $55,000 note covering the down payment and costs, but escrow still needs $44,000 of real funds to close. We wire the $44,000 into your Fresno escrow. The deal signs; the Fresno County Recorder records the deed and your second-position carry-back note. Once recording clears, escrow disburses and the recorded note repays our $44,000 plus the $1,100 fee — same business day when the file is in early.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate with your Fresno escrow on the carry-back recording.
Frequently Asked Questions
How does Stack funding handle California's record-first rule in Fresno? +
Stack supplies the cash needed at closing when a seller carry-back covers the buyer's down payment but escrow still needs real funds to close. California is a dry-funding, escrow state, so the Fresno escrow — often a title company's in-house escrow in the Central Valley — records before disbursing. We wire the closing cash; the Fresno County Recorder records the deed and the second-position carry-back note, then escrow disburses. The recorded second note repays our funds plus the flat 2.5% — typically the same business day once recording confirms. Confirm the recording sequence with your escrow.
Does the carry-back note have to record for Stack in Fresno? +
Yes. The structure depends on the second-position carry-back note recording with the Fresno County Recorder. In California's record-first model, escrow records the deed first, then the carry-back note in second position, then disburses. That recorded note is our repayment instrument, so your Fresno escrow must confirm in writing they'll record it as agreed before we fund — that written confirmation is a core requirement of every Stack deal. In the Central Valley this is frequently a title company's escrow department.
When is Stack the right call instead of Echo in Fresno? +
Use Stack when seller financing is built into the deal — a seller carrying a note rather than taking full cash. Fresno's affordability and steady supply of long-held homes make owner-finance attractive to sellers who want income over a lump sum, common in the Tower District and Sunnyside. The carry-back must cover the down payment plus closing costs. Use Echo when repayment comes from an assignment fee with no seller note. Both front cash at the Fresno close; Stack is repaid by the recorded second note, Echo from seller proceeds.
Apply for Stack Funding in Fresno, CA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.