Stack Funding in Cleveland, OH | Swift Deal Funding
Stack (Morby Method) Funding in Cleveland, OH
Stack funding supplies the cash you need at the Cleveland closing table when a seller carry-back note covers the buyer’s down payment — but title still needs real money in escrow to close. Swift Deal Funding is a direct lender: a recorded second-position note repays our funds plus a flat 2.5% fee, often same-day through title. No credit check, no income docs, no tax returns, all 50 states.
Cleveland is fertile ground for this. The city is full of older, free-and-clear homes — modest $90K–$130K properties whose longtime owners would rather carry a note than take a small cash check. That makes subject-to and owner-finance deals genuinely common here, and Stack is the cash that lets them close.
How a Stack Deal Closes in Cleveland
Ohio is a title/escrow, wet-funding state with no attorney mandate, so a Cuyahoga County title company runs it:
- Seller agrees to a carry-back note covering the down payment and closing costs.
- We wire the cash needed at the table on closing day.
- Title disburses to the seller and records the carry-back note in second position.
- That recorded note repays our funds plus 2.5% — typically same-day through title.
Confirm your Cleveland closer will record the second note immediately after closing.
Pricing
Flat 2.5% of the funded amount, collected at close — nothing upfront.
| Funded Amount | Fee (2.5%) |
|---|---|
| $25,000 | $625 |
| $50,000 | $1,250 |
| $100,000 | $2,500 |
What You’ll Need
- Executed purchase contract with seller-financing terms
- Carry-back amount ≥ required down payment + closing costs
- Cuyahoga County title company ready to record the second-position note immediately after closing, confirmed in writing
A Typical Cleveland Stack Scenario
A creative-finance buyer negotiates a Collinwood single-family at $105,000 from a retired owner who owns it free and clear and agrees to carry back $21,000 — covering the down payment and costs. The title company still needs that $21,000 as actual escrow funds to close. Stack wires it in; the deal closes; title records the seller’s carry-back note in second position; and that note repays our $21,000 plus a $525 fee, same-day. The buyer closes a subject-to deal with none of their own down-payment cash.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate the carry-back recording directly with your title company.
Frequently Asked Questions
Are seller carry-backs common enough in Cleveland for Stack to make sense? +
Yes. Cleveland has a deep supply of long-held, free-and-clear homes — older owners in Old Brooklyn, Collinwood, and the inner-ring suburbs who'll carry paper rather than take a small cash payout on a $90K–$130K property. Stack supplies the real cash a Cuyahoga County title company needs in escrow to close once the carry-back covers the down payment. The recorded second-position note repays our funds plus a flat 2.5%, often same-day through title.
How does Stack differ from Echo on a low-priced Cleveland deal? +
Echo is repaid from your assignment fee at closing — best for straight wholesale flips. Stack is repaid by a recorded second-position note and is built for seller-financed deals where there's no big assignment fee. On Cleveland's cheap inventory, a subject-to or owner-finance structure often has the seller carrying the down payment; Stack covers the escrow cash the title company still requires to actually close, then the recorded note pays us back.
Will a Cuyahoga County title company record the carry-back note for Stack? +
Recording a seller-carry second note is routine in Ohio. Stack requires your Cleveland title company to be ready to record the carry-back in second position immediately after closing, with written confirmation. Ohio is a title/escrow, wet-funding state, so the closer disburses and records in sequence; our funds are repaid from that recorded note. Confirm recording timing with your specific closer, especially on distressed properties where title may need extra clearing time.
Apply for Stack Funding in Cleveland, OH
Submit your application online — same-day decisions for complete files before 2 PM Eastern.