Stack Funding in Tennessee | Swift Deal Funding
Stack (Morby Method) Funding in Tennessee
Stack funding provides the cash you need at the closing table on a creative-finance deal where a seller carry-back covers the buyer’s down payment, but title still requires real funds to close. Swift Deal Funding is a direct lender: we wire the cash for closing, and a recorded second-position note repays us plus a flat 2.5% — often the same day through title.
Tennessee runs an active wholesale and creative-finance market, especially Memphis and fast-growing Nashville. Stack deals here commonly fund $40,000 to $130,000 across Memphis, Nashville, and Knoxville, with capacity up to $10 million per transaction. We never pull credit, verify income, or ask for tax returns.
How Stack funding closes in Tennessee
Tennessee closes through title companies — many attorney-owned in Memphis — which record the seller-carry note directly. Here is the sequence:
- The deal is structured with a seller carry-back covering the down payment plus closing costs.
- We wire the cash needed at the table on closing day.
- The closing office disburses the seller’s proceeds and records the seller-carry note in second position.
- That recorded second note repays our funded cash plus the flat 2.5%, typically same-day through title.
The seller carry-back has to be at least the down payment plus closing costs. Memphis and Nashville have plenty of closing offices comfortable with subject-to and seller-finance recordings.
Pricing
Flat 2.5% of the funded amount, collected through the closing statement. No upfront fee:
| Funded Amount | Fee | Example |
|---|---|---|
| $50,000 | 2.5% | $1,250 |
| $100,000 | 2.5% | $2,500 |
| $130,000 | 2.5% | $3,250 |
| Up to $10,000,000 | 2.5% | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms
- A seller carry-back at least equal to the required down payment plus closing costs
- A Tennessee title company prepared to record the seller-carry second note right after closing
- Written confirmation from title that the note will be recorded as agreed
No credit check, no income docs, no tax returns.
A typical Tennessee Stack scenario
A Nashville investor structures a seller-finance purchase where the seller carries back $50,000, covering the down payment and closing costs. Title still needs $45,000 in real funds at the table. We wire the $45,000. The title company disburses, records the seller-carry note in second position, and that note repays us $45,000 plus the 2.5% fee ($1,125) the same day. The investor acquires the property with minimal cash committed and a clean recorded second note behind the senior financing.
Apply
Upload your purchase contract and seller-financing terms online. We coordinate directly with your title company on the carry-back recording. Standard turnaround is about 48 hours to wire-ready.
Frequently Asked Questions
Can a Memphis title company record the Stack second-position note? +
Yes. Tennessee closes through title companies, many attorney-owned in Memphis, and recording a seller-carry note behind senior financing is routine for them. For Stack, the closing office disburses the seller proceeds, records the carry-back note in second position, and that note repays our funded cash plus the flat 2.5% — often same-day. Memphis offices handle high investor volume, so creative-finance recordings are familiar territory.
How does Stack fit a Nashville subject-to or seller-finance deal? +
On a Nashville deal where the seller carries back a note covering the buyer's down payment, title still needs real cash at the table to close. Stack provides that cash. We wire it for closing, the title company records the seller-carry second note, and the note repays us plus our flat 2.5%. The seller carry-back has to be at least the down payment plus closing costs. With Nashville's active creative-finance scene, this structure comes up regularly.
Should a Tennessee investor use Stack or Echo? +
It depends on the repayment source. Stack is repaid by a recorded second note from a seller carry-back, so it suits seller-financing and subject-to deals. Echo is repaid from your assignment fee out of seller proceeds, so it suits straight assignments where the buyer is short on the down payment. If your Tennessee deal has seller financing, choose Stack; if it is a clean assignment, Echo is usually simpler.
Apply for Stack Funding in Tennessee
Submit your application online — same-day decisions for complete files before 2 PM Eastern.