Echo Funding in New Hampshire | Swift Deal Funding
Echo funding in New Hampshire
Echo funding supplies the cash for an end buyer’s down payment at closing, repaid out of the seller-side proceeds — on a wholesale deal, your assignment fee. In New Hampshire it is useful when a Boston-area buyer wants to keep more cash on hand and your spread is wide enough to carry the funding. Swift Deal Funding is a direct lender charging a flat 2.5% with nothing upfront.
New Hampshire’s wholesale activity concentrates in the south, inside the Boston commuter belt — Manchester, Nashua, Salem, and Derry — where prices and buyer demand are highest, with steady flow around Concord and the Seacoast. The state’s roughly 1.4 million residents and tight inventory keep deals competitive, and assignment fees on the better deals are large enough to make Echo pencil. Funded down payments here typically run $10,000–$40,000.
How Echo closes in New Hampshire
New Hampshire is an attorney-closing state, so a licensed closing attorney conducts the settlement, and it is a wet-funding state, so the attorney can disburse once documents are signed and funds are in trust — no recording wait. For Echo, the funded down payment and our repayment both move inside that same disbursement.
New Hampshire has no wholesaler-licensing law, so disclose your equitable interest as standard practice. Confirm with your closing attorney that the settlement statement is structured to repay us from seller proceeds before scheduling, and check any unusual structure with that attorney.
Pricing
Flat 2.5% of the funded amount. No application fee, no origination fee, nothing upfront — collected on the closing statement.
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 New Hampshire closing attorney ready to disburse seller proceeds with Echo repayment built in
New Hampshire note: confirm your closing attorney is comfortable structuring the repayment line on the settlement statement. No credit, income, or tax returns.
A typical New Hampshire Echo scenario
A wholesaler has a Salem property under contract with an end buyer purchasing at $300,000 who is $24,000 short on the down payment. The assignment fee is $32,000. Echo funds the $24,000; the closing attorney disburses, repays us $24,000 plus the 2.5% fee ($600) from the assignment fee, and the wholesaler nets about $7,400. The buyer closes without sourcing more cash, and the deal holds.
Apply
Submit your purchase and assignment contracts online; we confirm the fee covers the funded amount before approval. Standard turnaround is about 48 hours.
Frequently Asked Questions
How does Echo repayment work at a New Hampshire closing? +
Echo funds the end buyer's down payment, and we are repaid out of the seller-side proceeds — your assignment fee. Because New Hampshire is an attorney-closing, wet-funding state, the closing attorney can disburse and route our repayment from the trust account once documents are signed, without waiting on recording. As long as the assignment fee covers the funded down payment plus our 2.5%, the attorney settles repayment to us in the same closing.
Is Echo a good fit for southern New Hampshire deals? +
Often, yes. Southern New Hampshire — Manchester, Nashua, Salem, Derry — draws Boston-area buyers who are strong on paper but may want to preserve cash for the next deal. Echo lets that buyer bring less to the table while your assignment fee absorbs the funding. It works best when your spread is healthy; if the deal is structured around seller financing instead, Stack is usually the better tool.
How large does my assignment fee need to be for Echo in New Hampshire? +
The assignment fee must be at least the funded down payment plus our flat 2.5%, since repayment comes from those seller-side proceeds at the closing attorney's table. On a $300,000 Nashua sale with a $24,000 funded down payment, you would need an assignment fee of at least roughly $24,600. We verify the math before approving and coordinate with your New Hampshire closing attorney so the settlement statement balances.
Apply for Echo Funding in New Hampshire
Submit your application online — same-day decisions for complete files before 2 PM Eastern.