Double Close Funding in Corpus Christi, TX | Swift Deal Funding
Double Close Funding in Corpus Christi, TX
A double close lets you protect your spread without exposing it on a settlement statement, and on the Coastal Bend the deal flow that feeds it runs through refinery and Navy employment. Swift Deal Funding is a direct lender: we wire the cash for your A-to-B purchase so you buy from the seller and immediately resell to your end buyer, both legs closing the same day at one Corpus Christi title company.
The refineries, the Port of Corpus Christi, and Naval Air Station Corpus Christi anchor a steady housing market with consistent rental demand. With a median sale price around $270,000, deal flow concentrates in Flour Bluff near the base, established Southside subdivisions, and value-add stock out toward Calallen. Windstorm and flood exposure shapes a lot of the inventory, but the underlying demand holds. Funded amounts here commonly run $180,000 to $480,000, though we can fund up to $100,000,000+ on a single transaction. We never pull credit, verify income, or ask for tax returns.
How Double Close Funding closes in Corpus Christi
Texas closes through title companies, not attorneys, and it is a wet-funding state — money must be in escrow before the title company disburses. That sequencing is built for a same-day double close:
- You line up one investor-friendly Corpus Christi title company to run both the A-to-B and B-to-C legs.
- We wire our funds to that office by 9 AM the morning of closing, so cash is in escrow before anyone signs.
- The A-to-B leg funds with our money; the seller is paid and the deed moves to you.
- The B-to-C leg closes minutes later; your end buyer funds, you take your spread, and we are repaid from those proceeds before the file disburses.
Corpus Christi title offices on the Southside handle this routinely. Still, confirm same-day disbursement and second-leg sequencing with your title company before you set the date.
Pricing
Tiered flat fee, collected on the settlement statement only when the deal closes:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $270K deal = $3,375 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact us |
No upfront fees, no application cost. You pay only if the transaction funds and closes.
What you’ll need
- Fully executed A-to-B purchase contract
- Fully executed B-to-C contract or assignment to your end buyer
- Verified end buyer with proof of funds or a financing pre-approval
- Same-day closing scheduled on both legs
- A single Corpus Christi-area title company handling both transactions
No credit check, no income docs, no tax returns. A local note: with so much coastal inventory carrying windstorm requirements, a cash or pre-approved end buyer who has already lined up coverage keeps the same-day timeline clean.
A typical Corpus Christi double close scenario
A wholesaler ties up a Flour Bluff home near the Navy base at $200,000 and has a buy-and-hold end buyer at $245,000. Rather than assign and show the $45,000 spread, the wholesaler books a double close at a Southside title company that runs investor deals daily. We wire $200,000 by 9 AM. The A-to-B leg funds, the seller is paid, and minutes later the B-to-C closes with the end buyer’s $245,000. We are repaid $200,000 plus the 1.25% fee ($2,500) from proceeds. The wholesaler nets roughly $42,500 and the seller never sees the markup.
Apply
Upload both contracts and your end buyer’s proof of funds through our online form. Standard turnaround is about 48 hours to wire-ready; same-day funding is available for complete files submitted before 11 AM Eastern.
Frequently Asked Questions
Which Corpus Christi title companies handle same-day double closes? +
Investor-focused offices on the Southside, near downtown, and out toward Calallen run back-to-back A-to-B and B-to-C closings for the refinery-and-Navy deal flow here. Use one office for both legs — splitting the transactions across separate title companies breaks the same-day sequencing we depend on. When you apply, give us the title contact and we coordinate the 9 AM wire and the second-leg disbursement directly. Confirm with your title company that they are comfortable funding both legs the same business day before you set the date.
Does coastal windstorm insurance affect a double close here? +
Our funding does not, but your end buyer's lender or insurer might, and that is what to pin down first. A lot of Corpus Christi inventory — especially in Flour Bluff and near the bay — sits in windstorm and coastal zones where Texas Windstorm Insurance Association coverage and premiums can slow an end buyer's financing. We underwrite on your two contracts and the end buyer's proof of funds, not the windstorm zone, but a verified cash or pre-approved end buyer keeps the same-day close on schedule. Confirm windstorm disclosures with your title company.
Why double close instead of assigning a Corpus Christi deal? +
To keep your spread off the seller's settlement statement. Texas does not license wholesalers, but you must disclose an assignment, and an assignment fee shows on the closing docs. A double close keeps the A-to-B and B-to-C as separate transactions at one Corpus Christi title company, so your markup on a Southside or Calallen deal stays private. We wire the A-to-B funds, you resell minutes later, and we are repaid from B-to-C proceeds. Confirm disclosure handling with your title company.
Apply for Double Close Funding in Corpus Christi, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.