Stack Funding in Vermont | Swift Deal Funding
Stack (Morby Method) Funding in Vermont
Stack funding supplies the cash you need at the closing table on a creative-finance deal where a seller carry-back covers the buyer’s down payment, but title still requires real funds to close. Swift Deal Funding is a direct lender: we wire the cash for closing, and a recorded second-position note repays us plus a flat 2.5% — typically the same day through your closing attorney.
Vermont is the quietest wholesale market in the country, with creative-finance deals rare and mostly confined to the Burlington and Rutland areas. When one comes together, Stack funds it the same way it would anywhere. Stack deals here commonly fund $40,000 to $100,000, with capacity up to $10 million per transaction. We never pull credit, verify income, or request tax returns.
How Stack funding closes in Vermont
Vermont is an attorney-closing state, so a real estate attorney disburses and records the seller-carry note directly. It is also a wet-funding state, so funds must be in trust before disbursement. Here is the sequence:
- The deal is structured with a seller carry-back covering the down payment plus closing costs.
- We wire the cash needed at the table into the attorney’s trust account before closing.
- The attorney disburses the seller’s proceeds and records the seller-carry note in second position.
- That recorded second note repays our funded cash plus the flat 2.5%, typically same-day.
The seller carry-back has to be at least the down payment plus closing costs. Confirm your attorney handles creative-finance recordings before structuring the deal.
Pricing
Flat 2.5% of the funded amount, collected through the closing statement. No upfront fee:
| Funded Amount | Fee | Example |
|---|---|---|
| $40,000 | 2.5% | $1,000 |
| $75,000 | 2.5% | $1,875 |
| $100,000 | 2.5% | $2,500 |
| Up to $10,000,000 | 2.5% | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms
- A seller carry-back at least equal to the required down payment plus closing costs
- A Vermont real estate attorney prepared to record the seller-carry second note right after closing
- Written confirmation from the attorney that the note will be recorded as agreed
No credit check, no income docs, no tax returns.
A typical Vermont Stack scenario
A Burlington-area investor structures a seller-finance purchase where the seller carries back $48,000, covering the down payment and closing costs. Title still needs $43,000 in real funds at the table. We wire the $43,000 to the attorney’s trust account. The attorney disburses, records the seller-carry note in second position, and that note repays us $43,000 plus the 2.5% fee ($1,075) the same day. The investor acquires the property with minimal cash out of pocket and a clean recorded second note in place.
Apply
Upload your purchase contract and seller-financing terms online. We coordinate directly with your closing attorney on the carry-back recording. Standard turnaround is about 48 hours to wire-ready.
Frequently Asked Questions
Vermont uses closing attorneys — who records the Stack second note? +
Your closing attorney. Vermont is an attorney-closing state, so a real estate attorney disburses the seller's proceeds and records the seller-carry note in second position rather than an escrow-only title company. That recorded note repays our funded cash plus the flat 2.5%. Because the attorney controls both disbursement and recording, the sequence is clean. Confirm your Vermont attorney is comfortable with subject-to and seller-finance recordings before you structure the deal.
Is Stack realistic in Vermont's small market? +
Creative-finance deals are uncommon in Vermont, the smallest wholesale market in the country, but they do occur around Burlington and Rutland — and Stack works the same regardless of volume. We fund individual deals with no minimum size or monthly volume. If your Vermont deal has a seller carry-back that covers the down payment but title still needs real cash at the table, Stack provides it, and the recorded second note repays us plus the flat 2.5%.
How does Vermont's wet-funding rule affect a Stack closing? +
Vermont is a wet-funding state, so the cash must be in the attorney's trust account before disbursement. We wire the closing funds ahead of time, the attorney disburses and records the seller-carry second note, and that note repays us plus the flat 2.5% — typically the same day. With a complete file, standard turnaround is about 48 hours to wire-ready, and same-day funding is available for documents in before 11 AM Eastern.
Apply for Stack Funding in Vermont
Submit your application online — same-day decisions for complete files before 2 PM Eastern.