Stack Funding in Plano, TX | Swift Deal Funding
Stack (Morby Method) funding in Plano, 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 Plano, where high price points mean larger down payments and equity-rich long-time owners are sometimes willing to carry financing, that gap shows up on creative-finance deals — and the dollar amounts are bigger than in most Texas markets.
Corporate-relocation demand from Toyota, JPMorgan, and the Tollway corridor underpins the market. With a median sale price around $500,000 and seller-finance structures concentrated among original owners of east Plano’s older subdivisions, Plano produces a steady flow of carry-back deals. Typical Stack amounts here run $40,000 to $120,000, 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 Plano
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 Plano 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: Plano’s higher price points mean the carry-back has to cover a larger down payment, so confirm the seller note fully covers it plus closing costs before you commit.
A typical Plano Stack scenario
An investor buys an east Plano home on owner financing from an original owner sitting on decades of appreciation. The seller agrees to carry a $100,000 note covering the larger down payment and closing costs, but Texas wet-funding rules still require that cash in escrow to close. We wire $100,000 on closing day; title disburses, records the carry-back note in second position, and that note repays us $100,000 plus the 2.5% fee ($2,500) — $102,500 — same-day. The investor closes a higher-dollar Plano deal 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 a Plano seller-finance deal? +
Stack provides the cash a Plano 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 Plano title company before you set the closing date.
Are seller-finance deals common at Plano price points? +
They appear most with equity-rich, long-time owners — including original buyers of east Plano's older subdivisions who have decades of appreciation built up. At higher Plano price points, the down payment a carry-back must cover is larger, which is exactly where Stack helps: we supply the sizable 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 the price point itself.
Stack or Echo for a Plano 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 east Plano 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 Plano relocation assignments. Both front cash at the closing table; if the seller is carrying paper, Stack is the cleaner fit, especially given Plano's larger down payments. Confirm the structure with your title company.
Apply for Stack Funding in Plano, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.