Echo Funding in Hawaii | Swift Deal Funding
Echo funding in Hawaii
Echo funding fronts the end buyer’s down payment at closing so they bring less cash to the table, and we’re repaid directly from the seller’s proceeds — in a wholesale deal, that’s your assignment fee. It keeps a deal alive when the C-buyer is short on liquid cash but the spread is healthy.
Hawaii’s market makes this useful: prices are high and buyers’ cash is often tied up in equity elsewhere, yet assignment spreads can be large enough to comfortably cover a funded down payment. Activity is concentrated in Honolulu with smaller flows in Hilo and Kahului. Funded amounts here typically run $10,000–$40,000, with capacity up to $10 million per transaction.
How Echo closes in Hawaii
Hawaii is a dry-funding state: escrow disburses only after the deed records with the Bureau of Conveyances, not at signing. For Echo, that means we provide the down payment into escrow, and our repayment plus the 2.5% fee come out of the seller proceeds once recording confirms. The structure is unchanged from a wet state — only the settlement clock shifts a few hours.
Hawaii closes through escrow companies rather than attorneys, so a single escrow officer can hold both the purchase contract and the assignment and sequence the disbursement. Confirm with that officer that they’ll release seller proceeds with the Echo repayment built into the statement, and check inter-island timing if the property and escrow branch sit on different islands.
Pricing
Flat 2.5% of the funded amount. No application fee, no origination fee, nothing upfront. Collected through the closing statement only when the deal funds.
What you’ll need
- Executed purchase contract
- Executed assignment contract showing your assignment fee
- An assignment fee at least equal to the funded down payment plus 2.5%
- A Hawaii escrow company ready to disburse seller proceeds with Echo repayment included
Local note: because Hawaii disburses after recording, ask escrow to confirm the proceeds-disbursement order so your repayment is built into the final statement, not handled as a side wire.
A typical Hawaii Echo scenario
You assign a Pearl City single-family contract to an end buyer for a $45,000 fee. The buyer is $25,000 short on their down payment. Echo funds that $25,000 into escrow; our fee is 2.5% ($625). When the Bureau of Conveyances confirms recording, escrow disburses and repays us $25,625 out of your $45,000 fee. You net about $19,375, and a deal that would have collapsed over the buyer’s cash actually closes.
Apply
Submit your purchase contract and assignment contract online. We verify the assignment fee covers the funded amount before approving. Standard turnaround is about 48 hours.
Frequently Asked Questions
How does Echo repayment work under Hawaii's dry-funding rule? +
Echo is repaid from the seller's proceeds at the same escrow, so dry funding affects only the timing, not the structure. Hawaii escrow disburses after the deed records with the Bureau of Conveyances, which means our funded down payment and 2.5% fee are recovered from your assignment fee once recording confirms rather than at the signing table. The end buyer still brings less cash; the mechanics simply settle on Hawaii's record-then-disburse schedule. Confirm the disbursement order with your escrow officer.
Is my assignment fee big enough to use Echo in Hawaii? +
In most Hawaii deals, yes. Echo requires that your assignment fee be at least the funded down payment plus our 2.5%. Because Hawaii prices are high, the down payment you'd fund is larger, but so are the spreads here, so the math usually works on Oahu and the neighbor islands. We verify the assignment contract shows a fee that covers the funded amount before we approve, so you'll know up front whether the deal qualifies.
Do you fund Echo on Maui, Kauai, and the Big Island? +
Yes, statewide. Echo works the same on any island as long as one Hawaii escrow company holds the purchase and the assignment and is positioned to disburse the seller proceeds with our repayment included. Inter-island document handling can add a day, so build that into your closing timeline. The flat 2.5% fee and no-upfront-cost structure are identical across all islands.
Apply for Echo Funding in Hawaii
Submit your application online — same-day decisions for complete files before 2 PM Eastern.