Stack Funding in Oregon | Swift Deal Funding
Stack (Morby Method) Funding in Oregon
Stack funding handles the creative-finance gap: a seller agrees to carry back a note covering the buyer’s down payment, but the escrow company still needs actual cash in the transaction to close. Stack supplies that money at the table, and the recorded seller-carry note repays our funds plus a flat 2.5% fee. In Oregon’s Portland-anchored market, funded amounts typically run $30,000 to $100,000, with capacity to $10 million.
The Oregon-specific factor is timing. As a dry-funding state, Oregon lets documents record before disbursement is finalized — the opposite of the wire-before-record rule elsewhere. For Stack, that affects the sequence in which the deed records, your carry-back note records, and funds disburse. It doesn’t change the cost; it changes the choreography, which is why we confirm the order with your escrow company up front.
How Stack closes in Oregon
Oregon closes through title/escrow, not a mandated attorney, so your escrow officer drives the recording sequence. They record the deed, record your seller-carry note in second position, and disburse to the seller; our funds plus the 2.5% are then repaid from the recorded note. Because Oregon is dry-funding, that sequence can be ordered to fit the escrow company’s process rather than forcing money into escrow first. We confirm with your Portland-area escrow officer in advance that the carry-back will record exactly as your contract specifies.
Pricing
Flat 2.5% of the funded amount. No upfront fees — collected through the settlement statement.
| Funded Amount | Fee | Example |
|---|---|---|
| $50,000 | 2.5% | $1,250 |
| $100,000 | 2.5% | $2,500 |
| $500,000 | 2.5% | $12,500 |
| Up to $10,000,000 | 2.5% | $250,000 |
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
- Oregon escrow company prepared to record the second-position note immediately after closing
- Written confirmation from escrow that the note will record as agreed
A typical Oregon Stack scenario
A Portland investor structures an owner-finance acquisition where the seller carries back $60,000 — covering the down payment and closing costs on a $375,000 property. The financing still requires that $60,000 to hit the deal to close. We fund it. The escrow company, working Oregon’s dry-funding sequence, records the deed and the seller-carry note in second position, then repays our $60,000 plus the $1,500 fee from the recorded note. The investor acquires the property with no personal cash at the table, and the seller’s note quietly clears our repayment.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate the carry-back recording directly with your escrow company.
Frequently Asked Questions
How does Oregon's dry-funding status affect recording the seller-carry note? +
Oregon allows documents to record before disbursement is fully finalized, so your escrow officer controls a record-then-fund sequence rather than the wire-first order of a wet state. For Stack, that means the escrow company sequences recording the deed, recording your seller-carry note in second position, and disbursing — then our funds plus the flat 2.5% are repaid from the recorded note. We confirm the exact order with your Oregon escrow officer before approving.
Does Oregon require an attorney to record a second-position note? +
No. Oregon closes through title/escrow companies, so your escrow officer records the deed and the seller-carry note and manages disbursement — no mandated closing attorney. We require written confirmation from the escrow company that the carry-back note will record in second position exactly as your contract specifies. You're free to involve an attorney on a complex creative-finance structure, but it isn't legally required for the Oregon closing itself.
What kinds of Oregon deals fit Stack funding? +
Stack fits Portland-area subject-to and owner-finance acquisitions where the seller carries back a note covering the buyer's down payment, but the escrow company still needs real cash in the deal to close. With Oregon's higher price points, seller carry-backs of $30,000 to $100,000 are common, and Stack supplies exactly that amount at the table. The recorded second note then repays us plus 2.5%, so you acquire with no personal cash committed at closing.
Apply for Stack Funding in Oregon
Submit your application online — same-day decisions for complete files before 2 PM Eastern.