Echo Funding in Dallas, TX | Swift Deal Funding
Echo funding in Dallas, TX
Echo funding covers an end buyer’s down payment at closing and is repaid from the seller’s proceeds — typically your assignment fee. In Dallas, where the DFW metroplex pulls in a steady stream of relocating and investor buyers, Echo lets you close an assignment even when the buyer is short on cash, without committing your own money.
A median sale price near $400,000 and deep relocation demand keep spreads healthy across submarkets from Oak Cliff and Lakewood to Pleasant Grove and the White Rock corridor — and a healthy spread is what Echo needs, since your assignment fee must cover the funded down payment plus our flat 2.5%. Typical funded amounts here run $30,000 to $120,000, with capacity up to $10 million per transaction. We never pull credit, verify income, or ask for tax returns.
How Echo closes in Dallas
Because Texas runs closings at title companies and escrows funds before disbursing (wet funding), Echo stays clean:
- You send over your purchase contract and the assignment that shows your fee.
- We check that the assignment fee clears the funded down payment plus the 2.5%.
- The down payment is wired to your Dallas title company to cover the buyer’s cash-to-close.
- At closing, we collect our funded amount plus 2.5% straight from the seller’s proceeds at the table.
Investor-active offices around Uptown, Oak Cliff, and Las Colinas handle this routinely. Confirm the disbursement order with your title company before closing.
Pricing
Flat 2.5% of the funded amount. No application fees, no origination fees, no upfront cost — collected through the closing statement.
What you’ll need
- Executed purchase contract
- Executed assignment contract showing your assignment fee
- Assignment fee large enough to cover the funded down payment plus the 2.5% fee
- Title company prepared to disburse seller proceeds with Echo repayment included
- All parties aligned on the closing timeline
A local note: DFW’s relocation demand keeps end-buyer spreads strong, which usually leaves plenty of room for the assignment fee to cover Echo.
A typical Dallas Echo scenario
A wholesaler assigns a Lakewood-area home at a $385,000 end-buyer price with a $40,000 assignment fee. The buyer is short $30,000 on the down payment. Echo wires that $30,000 to the title company. At closing, we are repaid $30,000 plus the 2.5% fee ($750) — $30,750 — directly from the $40,000 assignment fee. The wholesaler nets about $9,250, the buyer closes with less cash out of pocket, and no personal capital was tied up.
Apply
Submit your purchase contract and assignment online. We verify the assignment fee covers the funded amount before approval. Standard turnaround is about 48 hours.
Frequently Asked Questions
How does Echo funding help close a Dallas assignment? +
Echo fronts the down payment your end buyer needs and is repaid from the seller's proceeds — your assignment fee — at closing. On a DFW deal where a relocating buyer or an investor is short on cash to close, we wire the down payment to the title company, the deal closes, and we collect our funded amount plus a flat 2.5% straight from your assignment fee. The fee just needs to be big enough to cover the down payment plus 2.5%. Confirm the disbursement order with your Dallas title company before closing.
Can a Dallas title company handle Echo repayment from my assignment fee? +
Yes. Texas is a title-company state and a wet-funding state, so a single Dallas office holds escrow, funds the down payment, and routes our repayment out of seller proceeds the same day. Investor-active offices around Uptown, Oak Cliff, and Las Colinas handle assignment closings with funded down payments regularly. Provide the title company contact when you apply and we send the wire plus repayment instructions so your assignment fee covers Echo cleanly at disbursement.
When should a Dallas wholesaler choose Echo over Stack? +
Pick Echo when you are doing a straight assignment with a solid fee — typical in DFW's relocation-driven submarkets like Lakewood and the White Rock corridor, where strong demand supports healthy spreads. Your assignment fee repays the funded down payment plus 2.5% at the table the same day. Pick Stack when the deal includes seller financing and a recorded second-position carry-back note handles repayment instead. Both front cash at closing; the difference is how we get paid back. Confirm the structure with your title company.
Apply for Echo Funding in Dallas, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.