Stack Funding in El Paso, TX | Swift Deal Funding
Stack (Morby Method) funding in El Paso, TX
Stack funding provides the cash a title company needs in escrow at closing when a seller carry-back note covers the buyer’s down payment but no real money is yet at the table. In El Paso, where equity-rich, long-time owners — including military families near Fort Bliss — sometimes prefer to carry paper rather than chase a cash sale, that gap shows up on creative-finance deals.
With a median sale price around $240,000 and seller-finance structures concentrated among long-term Eastside and Central owners, El Paso produces a modest but steady flow of carry-back deals. Typical Stack amounts here run $18,000 to $60,000, with capacity up to $10 million per transaction. The recorded seller-carry note repays our funds plus a flat 2.5%, often same-day via title. We never pull credit, verify income, or ask for tax returns.
How a Stack deal closes in El Paso
Since Texas closings go through title companies and the wet-funding rule keeps cash in escrow before disbursement, Stack fits the gap exactly:
- The deal is set up with the seller carrying a note that covers the down payment and closing costs.
- We wire the cash the closing table needs on closing day.
- Title pays out the seller’s proceeds and records the carry-back note in second position.
- The recorded second-position note then repays us our funds plus the flat 2.5%, typically same-day through title.
Confirm with your El Paso title company that they will record the second lien and handle the disbursement order as agreed before you set the closing date.
Pricing
Flat 2.5% of the funded amount. No upfront fees, collected through the closing statement:
| Funded Amount | Fee | Example |
|---|---|---|
| $50,000 | 2.5% flat | $1,250 |
| $100,000 | 2.5% flat | $2,500 |
| $500,000 | 2.5% flat | $12,500 |
| Up to $10,000,000 | 2.5% flat | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back amount large enough to cover the required down payment plus closing costs
- Title company prepared to record the seller-carry second-position note immediately after closing
- Written confirmation from title that the note will be recorded as agreed
A local note: equity-rich, long-time El Paso owners are your best candidates for seller financing, but make sure the carry-back amount fully covers the down payment plus closing costs before you commit.
A typical El Paso Stack scenario
An investor buys a Central El Paso fourplex on owner financing from an equity-rich owner who bought decades ago. The seller agrees to carry a $50,000 note covering the down payment and closing costs, but Texas wet-funding rules still require that cash in escrow to close. We wire $50,000 on closing day; title disburses, records the carry-back note in second position, and that note repays us $50,000 plus the 2.5% fee ($1,250) — $51,250 — same-day. The investor closes without bringing personal cash to the table.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your title company on the carry-back recording.
Frequently Asked Questions
How does Stack funding work on an El Paso seller-finance deal? +
Stack provides the cash an El Paso title company needs in escrow at closing when a seller carry-back note covers the buyer's down payment but no real money is at the table. We wire that cash on closing day; title disburses to the seller and records the carry-back note in second position. The recorded note then repays our funds plus a flat 2.5%, usually same-day through title. It is the Morby Method structure. Confirm the second-lien recording and disbursement order with your El Paso title company before you set the closing date.
Are seller-finance deals common in El Paso? +
They surface most with equity-rich, long-time owners — including military families near Fort Bliss who bought years ago and now carry significant equity. Those sellers are sometimes open to carrying a note rather than chasing a cash sale in an affordable market, and Stack supplies the cash Texas wet-funding rules require in escrow to close. Our funding hinges on the contract's seller-financing terms and a title company ready to record the second-position note, not on El Paso's lower price points.
Stack or Echo for an El Paso creative-finance deal? +
Use Stack when the seller is carrying financing and a recorded second-position note repays us after closing — the fit for seller-carry deals with equity-rich Eastside and Central owners. Use Echo when you are assigning a straight contract and your assignment fee repays the funded down payment from seller proceeds the same day, common on Lower Valley value-add deals. Both front cash at the closing table; if the seller is carrying paper, Stack is the cleaner fit. Confirm the structure with your title company.
Apply for Stack Funding in El Paso, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.