Stack Funding in Massachusetts | Swift Deal Funding
Stack (Morby Method) funding in Massachusetts
Stack funding supplies the cash a deal needs at the closing table when a seller carry-back note is covering the buyer’s down payment but the closing still requires real funds to clear. We provide the cash at closing; a recorded second-position note then repays our funds plus a flat 2.5%, often the same day through the closing. Typical funded amounts in Massachusetts run $35,000–$120,000, with capacity up to $10 million per transaction.
Massachusetts is a higher-priced, equity-rich market, which is fertile ground for seller-financed structures. Owners in built-up suburbs and the Gateway Cities — Worcester, Springfield, Brockton, Lowell — who have significant equity sometimes prefer to carry a note rather than take an immediate full cash payout, especially on a quick off-market sale. Stack lets a creative-finance investor close those deals without bringing the down payment in cash.
How a Stack deal closes in Massachusetts
Massachusetts is an attorney-closing, mortgage state. A licensed closing attorney conducts the closing and records the instruments at the Registry of Deeds, so the seller’s carry-back is documented as a mortgage and our repayment note records as a second-position mortgage behind it. The attorney disburses to the seller, records the carry-back and our second-position note, and our funds plus the 2.5% are repaid — typically same day. Because counsel controls recording and priority, confirm the carry-back terms, the second-position recording, and the timing with your Massachusetts attorney before closing day.
Pricing
Flat 2.5% of the funded amount, settled through the closing statement — nothing upfront:
| Funded amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| Up to $10,000,000 | 2.5% flat |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back large enough to cover the required down payment plus closing costs
- Closing attorney ready to record the second-position note immediately after closing
- Written confirmation from the attorney that the note will record as agreed
No credit check, no income verification, no tax returns. Massachusetts note: bring your attorney the carry-back and second-note structure early so the recording and priority are clean.
A typical Massachusetts Stack scenario
A motivated owner in Lowell with strong equity agrees to carry back a note that covers the buyer’s down payment, but the closing still needs cash at the table to clear. You bring in Stack: we provide the funds, the closing attorney disburses, records the seller’s carry-back as a first and our note as a recorded second mortgage, and our funds plus 2.5% are repaid through the close. You completed a seller-financed acquisition without fronting the down payment in cash.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your closing attorney on the second-position recording.
Frequently Asked Questions
Who records the second-position note on a Massachusetts Stack deal? +
In Massachusetts a closing attorney conducts the closing and handles recording at the Registry of Deeds, so the seller-carry second mortgage that repays us is recorded by your closing attorney rather than a title company alone. The note must sit cleanly in second position behind the seller's carry-back terms. We coordinate with the attorney so the recording happens immediately after closing as agreed. Confirm the recording plan and priority with your counsel before the date.
Does Massachusetts use mortgages or deeds of trust for the carry-back? +
Massachusetts is a mortgage state — security is taken through a mortgage rather than a deed of trust. For Stack, the seller's carry-back is documented as a mortgage and our repayment note records as a second-position mortgage behind it. That's a routine instrument for Massachusetts closing attorneys. The mechanics don't change the product: we provide cash at the table, and the recorded second mortgage repays our funds plus a flat 2.5%. Verify the structure with your attorney.
When does Stack make sense versus Echo in Massachusetts? +
Use Stack when seller financing is part of the deal — the seller carries back a note that covers the buyer's down payment, and we bridge the cash actually needed at the table. Use Echo when you're assigning a contract and your fee covers the buyer's down payment. In higher-priced Massachusetts markets, motivated sellers with equity sometimes prefer to carry rather than take a full cash payout, which is exactly where Stack fits. Send us the structure and we'll confirm the better fit.
Apply for Stack Funding in Massachusetts
Submit your application online — same-day decisions for complete files before 2 PM Eastern.