Stack Funding in Lubbock, TX | Swift Deal Funding
Stack Funding in Lubbock, TX
Stack funding — built on the Morby Method — supplies the cash a Lubbock closing needs at the table when a seller carry-back note covers the buyer’s down payment but the closing still requires real funds to complete. The recorded seller-carry note then repays our funds plus a flat 2.5%, often same-day. It’s the right tool for creative-finance and subject-to deals across Lubbock, where equity-rich, long-tenured owners — paid-off homes in Tech Terrace and West Lubbock, inherited properties in the older core — often prefer steady payments over a full cash payout. Capacity runs up to $10 million per transaction.
How Stack funding closes in Lubbock
Texas is a wet-funding, title-company closing state — the title office conducts the closing and records the seller-carry second-position note, with no attorney required. The seller agrees to a carry-back covering the down payment and costs. On closing day we wire the cash needed at the table; the title company closes the deal, records the note in second position, and that note repays our funds plus 2.5% — typically same-day through escrow. Standard turnaround is about 48 hours from a complete file. Confirm in writing that the title office will record the note as agreed.
Pricing
Flat 2.5% of the funded amount, collected through the settlement statement. No upfront fees.
| Funded amount | Fee |
|---|---|
| $30,000 | $750 |
| $60,000 | $1,500 |
| Up to $10,000,000 | 2.5% flat |
What you’ll need
- Executed purchase contract with seller-financing terms
- A carry-back amount that covers the required down payment plus closing costs
- A Lubbock title company ready to record the second-position note immediately after closing
- Written confirmation from the title office that the note will be recorded as agreed
No credit check, income verification, or tax returns.
A typical Lubbock Stack scenario
An equity-rich owner of a $215,000 West Lubbock home agrees to a subject-to/seller-carry deal. The carry-back covers the $30,000 the buyer would otherwise bring as a down payment, but the closing needs that cash present to fund. We wire $30,000 on closing day; the Lubbock title company closes the deal, records the second note, and it repays us $30,000 plus a $750 fee (2.5%) — typically same-day. The seller collects payments, the buyer needed little cash, and you keep the spread.
Apply
Send your purchase contract and seller-financing terms online — we coordinate the carry-back recording directly with your Lubbock title company.
Frequently Asked Questions
Who records the second note on a Lubbock Stack deal? +
Your Lubbock title company records the seller-carry second-position note. Texas is a title-company closing state, so the title office both conducts the closing and records the instrument — no attorney required. We provide the cash needed at the table on closing day, and the recorded second note repays our funds plus a flat 2.5%, often same-day through the title company's escrow. Confirm in writing that the title office will record the note in second position exactly as agreed before you schedule the closing.
What Lubbock deals fit Stack funding? +
Stack fits creative-finance structures where a motivated seller carries back a note covering the buyer's down payment, but the closing still needs real funds at the table. In Lubbock that comes up with equity-rich, long-time owners — think paid-off homes in Tech Terrace or established West Lubbock streets — who'd rather collect payments than take a full cash-out. If there's a large assignment fee instead of seller financing, Echo is usually the better tool. We never pull credit, income, or tax records.
How is Stack different from a double close in Lubbock? +
A double close has us fund the full A-to-B purchase, repaid from the end buyer's proceeds at the same closing. Stack is for seller-financed deals: the carry-back covers the down payment, we supply only the cash the closing needs, and a recorded second-position note repays us afterward. Both close at a Lubbock title company under Texas wet-funding rules, but Stack hinges on the seller-financing terms and the title office being ready to record the second note immediately after closing.
Apply for Stack Funding in Lubbock, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.