Stack Funding in Connecticut | Swift Deal Funding
Stack (Morby Method) Funding in Connecticut
Stack funding provides the cash needed at the closing table when a seller carry-back note covers the buyer’s down payment but the closing still requires real funds in escrow. We put up that cash; a recorded second-position note then repays our funds plus a flat 2.5%, often the same day. It’s the layer that makes Morby Method and subject-to deals close in Connecticut. Stack advances here typically run $30,000 to $100,000, with capacity up to $10,000,000 per transaction.
Connecticut’s higher-priced, steadier market produces a particular kind of creative-finance opportunity: owners with substantial equity in Hartford, New Haven, Bridgeport and Waterbury who’d rather carry a note than wait for a full cash sale. With a statewide median around $375,000–$400,000, down payments are meaningful enough that pairing a seller carry-back with Stack often makes the deal work where all-cash wouldn’t.
How Stack Funding closes in Connecticut
Connecticut is a wet-funding state and an attorney-closing state. Wet funding means proceeds disburse at signing, and a licensed Connecticut attorney both conducts the closing and records the seller-carry second note right after — so our funds are repaid promptly once that note records, typically the same day.
Because one attorney controls disbursement and recording, the second-position priority and repayment sequence stay tightly coordinated, which matters in subject-to deals. Creative-finance acquisitions are permitted statewide if you disclose your interest; there’s no wholesaler-licensing statute. Confirm the recording order and second-position priority with your Connecticut closing attorney.
Pricing
Flat 2.5% of the funded amount. No upfront fees — collected through the closing statement:
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
| Up to $10,000,000 | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back at least equal to the required down payment plus closing costs
- Closing attorney prepared to record the seller-carry second-position note immediately after closing
- Written confirmation from the attorney that the note will record as agreed
Connecticut note: choose an attorney experienced with subject-to and seller-finance recordings so second-position priority is handled correctly.
A typical Connecticut Stack scenario
A Hartford investor buys a $360,000 two-family subject-to the existing mortgage, with the seller carrying a $55,000 note covering the down payment and costs — but the closing needs $55,000 in escrow. We wire $55,000 to the closing attorney’s escrow account; the deal closes, and the attorney records the seller-carry note in second position. That recorded note repays our $55,000 plus the flat 2.5% — $1,375 — the same day, and the investor closes with almost no cash out of pocket.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your closing attorney on the second-note recording.
Frequently Asked Questions
How does the recorded 2nd note work with a Connecticut attorney closing? +
Connecticut is an attorney-closing, wet-funding state. A licensed Connecticut attorney conducts the closing, disburses from escrow, and records the seller-carry second-position note right after closing. We provide the cash needed at the table; once the second note records, it repays our funds plus the flat 2.5%, often the same day. Confirm the recording sequence and second-position priority with your Connecticut closing attorney before scheduling.
When does Stack fit a Connecticut creative-finance deal? +
Stack works when a seller carry-back covers the buyer's down payment but the closing still needs real cash in escrow — useful in Hartford, New Haven and Waterbury where motivated sellers in higher-priced Connecticut may carry paper. With a statewide median around $375,000 to $400,000, the carry-back-plus-Stack structure lets investors close subject-to and seller-finance deals without bringing the full down payment in cash.
How fast can you fund a Stack deal in Connecticut? +
About 48 hours from a complete file. We need your purchase contract with seller-financing terms, confirmation the carry-back covers the down payment plus costs, and the closing attorney's written confirmation that the second note will record as agreed. Because a Connecticut attorney handles both disbursement and recording, coordinate the timing so the note records and repays our funds the same business day.
Apply for Stack Funding in Connecticut
Submit your application online — same-day decisions for complete files before 2 PM Eastern.