Double Close Funding in Savannah, GA | Swift Deal Funding
Double Close Funding in Savannah, GA
Double close funding lets a Savannah wholesaler buy from the seller (A-B) and resell to the end buyer (B-C) the same day, through one closing attorney, without tying up your own capital on the middle leg. We fund the A-B purchase and are repaid from the end-buyer proceeds when B-C closes. Savannah’s market is driven by tourism and the SCAD student population — vacation-rental flips near the Historic District and Victorian District, plus rental conversions around campus. Median values sit near $320,000, and our funding scales well beyond that on coastal and commercial assets.
How double close funding closes in Savannah
Georgia is a wet-funding state but, critically, an attorney-closing state: a licensed Georgia attorney must conduct the closing, and a title company alone cannot. For a double close, both legs run through that single attorney on the same day, so confirm first that the attorney will handle a back-to-back close — on Savannah’s older homes, the title work is often heavier. We wire transactional funds to the attorney’s trust account by 9 AM Eastern. A-B funds and records, B-C closes immediately after, and our funds plus fee are repaid from the end-buyer’s proceeds — all in one business day. Standard turnaround is about 48 hours; same-day for files in before 11 AM Eastern.
Pricing
Tiered flat fee on the funded amount, collected on the settlement statement — no upfront or application fees:
| Funded amount | Fee |
|---|---|
| Up to $1,000,000 | 1.25% |
| $1,000,000 – $10,000,000 | 1.0% |
| $10,000,000+ | Custom |
A $320,000 Savannah deal — near the local median — carries a $4,000 fee. You pay only if the deal funds and closes.
What you’ll need
- Fully executed A-B purchase contract
- Fully executed B-C assignment or purchase contract
- Verified end buyer with proof of funds or financing pre-approval
- A same-day closing scheduled for both legs
- A single licensed Georgia closing attorney handling both transactions
No credit check, income verification, or tax returns. Local note: because Georgia requires an attorney to close, and Savannah’s coastal lots can carry tidal-flooding and flood-zone considerations, give the attorney time to clear title and the end buyer time to confirm flood insurance before scheduling the same-day close.
A typical Savannah double close scenario
You lock a Victorian-era home near the Historic District at $260,000 (A-B) and assign the resale to a short-term-rental investor at $310,000 (B-C). The buyer wants the assignment off their side, so a double close fits. We wire $260,000 to your closing attorney’s trust account by 9 AM. A-B closes, B-C closes minutes later, and we’re repaid $260,000 plus the $3,250 fee from the buyer’s $310,000. You net roughly $46,750 the same day, with no capital tied up.
Apply
Send your two contracts and end-buyer proof of funds online — most files take under ten minutes.
Frequently Asked Questions
Does a Georgia attorney have to close my Savannah double close? +
Yes. Georgia is an attorney-closing state, so a licensed Georgia attorney must conduct the closing — a title company alone cannot. For a double close, both the A-B and B-C legs run through the same closing attorney on the same day. On Savannah's older Historic District properties, the attorney's title work can be more involved, so confirm early that yours will run a same-day back-to-back close. We wire transactional funds to the attorney's trust account by 9 AM Eastern; A-B closes, B-C closes right after, and we're repaid from the end-buyer proceeds.
How fast can you fund a double close in Savannah? +
Standard turnaround is about 48 hours from a complete file to wire-ready, with same-day possible when your application arrives before 11 AM Eastern with both contracts, end-buyer proof of funds, and the title commitment. We wire to your Savannah closing attorney's trust account by 9 AM Eastern. On older Historic District and SCAD-area properties, the title commitment can take longer to clear, so push the attorney to start title work as soon as the deal is locked.
Do I need a wholesaler license to double close in Savannah? +
No. Georgia doesn't require a wholesaler license to assign or double close, but you should disclose your role and assignment so the resale is transparent to the closing attorney and on the settlement statement. We're a direct lender — no credit, income, or tax review — so funding turns on your two contracts and a verified end buyer. The Georgia attorney must still conduct the closing. Confirm current disclosure norms with your closing attorney.
Apply for Double Close Funding in Savannah, GA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.