From application to wire in 4 steps
Our process is built around the reality of real estate closings: deals move fast, paperwork piles up, and time matters. Here is exactly what happens from the moment you submit your application until the wire arrives at the title company.
- 01
Submit application online
Complete the online application at swiftdealfunding.com/apply. Pick your product (EMD, Double Close, Stack, Echo), provide borrower contact info, deal details, and property address. Upload your purchase contract — this is required to start. Additional documents per product:
- → EMD: Purchase contract with refundable EMD language. Title company contact.
- → Double Close: A-to-B contract, B-to-C contract or assignment, end-buyer proof of funds.
- → Stack: Purchase contract, seller financing addendum or note terms.
- → Echo: Purchase contract, assignment contract showing assignment fee.
Application typically takes under 10 minutes for complete files.
- 02
Underwriting review
Our underwriting team reviews your file within 2-4 hours during business hours (8 AM - 6 PM Eastern, Monday-Friday). Review covers:
- → Contract verification — signatures, dates, contingency periods
- → End-buyer credentials (for Double Close and Echo) — POF or financing pre-approval
- → Title company coordination — confirming they can handle the structure on the requested timeline
- → Property verification — basic title check via the closing agent
We do not check credit, verify income, or require tax returns. The deal is what underwrites.
- 03
Approval & wire instructions
Approved applications receive a written confirmation including the funded amount, fee structure, repayment terms, and wire instructions for the closing agent. The closing agent receives instructions the business day before closing.
If we need additional information, we will request it specifically — most info requests can be answered same-day. Declined applications receive a written reason and (where possible) a suggestion for an alternative product structure.
- 04
Closing day
Funds wired to the closing agent by 9 AM Eastern on the day of closing. From there:
- → Double Close: A-to-B executes, B-to-C executes immediately after, our funds returned from end-buyer proceeds — typically all within 4-8 hours.
- → EMD: Title holds the deposit per the contract. Funds returned to us when the deal closes or terminates within the contingency window.
- → Stack: Closing executes, seller-carry note records in second position, note pays us back per the terms — often same-day via title.
- → Echo: Closing executes, our funds repaid directly from seller proceeds (typically the wholesaler's assignment fee) at the closing table.
Process FAQ
What happens after I submit my application? +
Our underwriting team reviews complete applications within 24 hours — same-day for applications submitted before 2 PM Eastern with all required documents. Review includes verifying both contracts, confirming end-buyer credentials (for Double Close/Echo), coordinating with the title company, and validating the closing timeline. You will receive an email confirmation immediately and a status update within 4 hours during business hours.
What makes an application "complete"? +
Complete applications include: (1) all required documents uploaded (purchase contract minimum; additional docs per product), (2) accurate borrower contact information, (3) verified property address, (4) realistic closing date with sufficient lead time, (5) a deal description that explains the structure. Missing documents are the most common reason for delays — we cannot start underwriting without the contract.
How do you communicate during underwriting? +
Primary communication is by email to the address on your application. Our underwriters may call for time-sensitive questions (verifying end-buyer status, confirming title company coordination). Status updates are sent at each step: application received, in review, additional info needed (if any), approved with wire instructions, or declined with reason.
When are funds wired? +
Wire instructions are sent to the closing agent (title company or closing attorney) the business day before closing. Funds themselves are wired by 9 AM Eastern on the day of closing. For same-day Double Close transactions, funds arrive at title, the A→B closing executes, B→C closing executes, and our funds are wired back to us — all within the same business day, typically completing by 4 PM Eastern.
Ready to apply?
Application typically takes under 10 minutes. Same-day decisions for complete files received before 2 PM Eastern.