Double Close Funding in New Mexico | Swift Deal Funding
Double Close Funding in New Mexico
Double close funding lets a New Mexico wholesaler buy from a seller (A→B) and resell to an end buyer (B→C) on the same day, using our capital to fund the first leg until your buyer’s money repays it on the second. Swift Deal Funding is a direct lender — we fund the A-B purchase outright so you never need an assignment or the seller’s permission to profit on the spread. Deals in markets like Albuquerque, Rio Rancho, and Las Cruces commonly fund in the $100,000–$350,000 range, with capacity well into eight figures.
How a double close closes in New Mexico
New Mexico is a dry-funding state — one of only a handful in the country. Title companies don’t disburse at the signing table; they wait until the documents are signed and recorded before releasing money. That sequencing matters for a same-day A→B→C, so here’s how we run it: we wire our funds to your title company before closing so the cash is sitting ready. The A-B deed is signed and submitted for recording, then the B-C deed follows in the same session. Once recording clears, title disburses — your end buyer’s proceeds repay our advance, and your spread is released to you. New Mexico is a title/escrow-closing state, so no closing attorney is required, but a single title office must run both legs to keep the recording chain tight. Confirm the recording-to-disbursement timing with your local title company before scheduling.
Pricing
Tiered flat fee on the funded (A-B) amount, collected on the closing statement — nothing upfront:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $300K deal = $3,750 |
| $1M – $10M | 1.0% | $2.5M deal = $25,000 |
| $10M+ | Custom | Contact us |
You pay only if the deal funds and closes.
What you’ll need
- Fully executed A-to-B purchase contract
- Fully executed B-to-C assignment or resale contract
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- A single New Mexico title company handling both transactions
No credit pull, no income docs, no tax returns.
A typical New Mexico double close scenario
A wholesaler ties up a dated ranch-style home in Albuquerque’s South Valley at $215,000 (A-B) and lines up a fix-and-flip buyer at $248,000 (B-C). She has no interest in revealing her $33,000 spread through an assignment. We fund the $215,000 so she closes A-B in her own name; the title company records both deeds in sequence per New Mexico’s dry-funding rule, then disburses. The buyer’s $248,000 repays our advance plus the 1.25% fee ($2,687.50), and the remainder lands in her account the same day.
Apply
Send your A-B and B-C contracts plus end-buyer verification through the online form — usually under ten minutes. Same-day funding is available for complete files in before 11 AM Eastern.
Frequently Asked Questions
Does New Mexico's dry-funding rule change how a double close works? +
It changes the timing, not the structure. New Mexico is a dry-funding state, so the title company won't disburse until documents are signed and recorded. For an A→B→C double close, that means both transactions sign in sequence and the A-B and B-C deeds record before any money moves. We wire our funds to title before closing so they sit ready, then disbursement follows recording. Confirm the exact recording-to-disbursement window with your New Mexico title company.
How fast can you fund a double close in New Mexico? +
About 48 hours from a complete file to wire-ready, and same-day is possible when your application arrives before 11 AM Eastern with the A-B contract, B-C assignment, end-buyer proof of funds, and title commitment. Because New Mexico funds dry, we position the wire with your Albuquerque or Las Cruces title company ahead of closing so recording isn't waiting on money.
Do you need both contracts before funding a New Mexico double close? +
Yes. We underwrite the deal documents, not your credit, so we need the fully executed A-B purchase contract and the B-C assignment or resale contract, plus verified end-buyer funds. New Mexico title companies handle A→B→C closings routinely, and we coordinate directly with the single title office running both legs so the dry-funding sequence stays clean.
Apply for Double Close Funding in New Mexico
Submit your application online — same-day decisions for complete files before 2 PM Eastern.