Stack Funding in Indianapolis, IN | Swift Deal Funding
Stack (Morby Method) Funding in Indianapolis, IN
Stack funding supplies the cash you need at the Indianapolis closing table when a seller carry-back note covers the buyer’s down payment — but title still needs real money in escrow to close. Swift Deal Funding is a direct lender: a recorded second-position note repays our funds plus a flat 2.5% fee, often same-day through title. No credit check, no income docs, no tax returns, all 50 states.
While Indianapolis is dominated by institutional cash buyers, the creative-finance lane is wide open — individual sellers willing to carry paper and buyers structuring subject-to and owner-finance deals on homes the big operators pass over. Stack is what lets those deals close at the Marion County table when the carry-back covers the down payment but title still needs real escrow funds.
How a Stack Deal Closes in Indianapolis
Indiana is a title/escrow, wet-funding state with no attorney mandate — closings run through title companies. A Marion County title company runs it:
- Seller agrees to a carry-back note covering the down payment and closing costs.
- We wire the cash needed at the table on closing day.
- Title disburses to the seller and records the carry-back note in second position.
- That recorded note repays our funds plus 2.5% — typically same-day through title.
Confirm your Indianapolis closer will record the second note immediately after closing.
Pricing
Flat 2.5% of the funded amount, collected at close — nothing upfront.
| Funded Amount | Fee (2.5%) |
|---|---|
| $40,000 | $1,000 |
| $80,000 | $2,000 |
| $150,000 | $3,750 |
What You’ll Need
- Executed purchase contract with seller-financing terms
- Carry-back amount ≥ required down payment + closing costs
- Marion County title company ready to record the second-position note immediately after closing, confirmed in writing
A Typical Indianapolis Stack Scenario
A creative-finance buyer puts a Haughville single-family under contract at $185,000 from an owner who’d rather carry a note than take an institutional lowball, agreeing to carry back $40,000 to cover the down payment and costs. The title company still needs that $40,000 as escrow funds to close. Stack wires it in; the deal closes; title records the seller’s carry-back note in second position; and that note repays our $40,000 plus a $1,000 fee, same-day. The buyer acquires a cash-flowing rental with none of their own down-payment cash.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate the carry-back recording directly with your title company.
Frequently Asked Questions
Where does Stack fit in Indianapolis's institutional-heavy market? +
Institutional buyers close with cash, so Stack is for the creative-finance side of Indianapolis — individual sellers willing to carry paper and buyers structuring subject-to or owner-finance deals on homes the big operators overlook. Stack supplies the real escrow funds a Marion County title company needs to close once the seller carry-back covers the down payment. The recorded second-position note repays our funds plus a flat 2.5%, often same-day through title.
Stack or Echo for an Indianapolis creative-finance deal? +
Echo is repaid from your assignment fee — best for straight wholesale flips to a landlord or institutional buyer. Stack is repaid by a recorded second-position note and is built for seller-financed deals where the carry-back replaces the buyer's down payment. If your Indianapolis deal has a motivated individual seller carrying the note rather than a big assignment fee, Stack is the fit; it covers the escrow cash title still requires, then the recorded note repays us.
Will a Marion County title company record the carry-back note for Stack? +
Recording a seller-carry second note is routine in Indiana, where closings run through title companies. Stack requires your Indianapolis title company to be ready to record the carry-back in second position immediately after closing, with written confirmation. Indiana is a title/escrow, wet-funding state, so the closer disburses and records in sequence, and our funds are repaid from that recorded note. Confirm recording timing with your specific closer.
Apply for Stack Funding in Indianapolis, IN
Submit your application online — same-day decisions for complete files before 2 PM Eastern.