Double Close Funding in Utah | Swift Deal Funding
Double Close Funding in Utah
Utah’s Wasatch Front has drawn heavy investor interest as prices climbed, and double closing is how Utah wholesalers protect their spread on deals they would otherwise assign. Swift Deal Funding is a direct lender — we fund your A-to-B purchase so you can buy from the seller and resell to your end buyer the same day, through the same Utah title or escrow company.
Funded amounts on Utah deals commonly run $100,000 to $400,000 across Salt Lake City, Provo, Ogden, and West Valley City, with capacity up to $100,000,000+ on a single transaction. We never pull credit, verify income, or request tax returns. Your two contracts and the end buyer’s proof of funds underwrite the deal.
How Double Close Funding closes in Utah
Utah uses title and escrow companies for closings — there is no attorney-closing requirement — and it is a wet-funding state, so escrow must hold funds before disbursement. That makes a same-day double close clean to sequence:
- One title or escrow company handles both the A-to-B and B-to-C legs.
- We wire the A-to-B funds by 9 AM the morning of closing, before signing.
- The A-to-B leg funds with our cash and the seller is paid.
- The B-to-C leg closes minutes later; your end buyer’s funds arrive, you collect your spread, and we are repaid from those proceeds.
Wasatch Front escrow offices handle high transaction volume and most are familiar with investor double closes. Confirm same-day disbursement and second-leg timing with your escrow officer before locking the date.
Pricing
Tiered flat fee, collected on the settlement statement only when the deal closes:
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $350K deal = $4,375 |
| $1M – $10M | 1.0% | $2M deal = $20,000 |
| $10M+ | Custom | Contact us |
No upfront fees, no application cost.
What you’ll need
- Fully executed A-to-B purchase contract
- Fully executed B-to-C contract or assignment to your end buyer
- Verified end buyer with proof of funds or financing pre-approval
- Same-day closing scheduled on both legs
- A single Utah title or escrow company handling both transactions
No credit check, no income docs, no tax returns.
A typical Utah double close scenario
A Provo wholesaler ties up a townhome at $330,000 with a buy-and-hold end buyer at $372,000. To keep the $42,000 spread off the seller’s statement, the wholesaler double closes through a Utah County escrow company. We wire $330,000 by 9 AM. The A-to-B leg funds and the seller is paid; minutes later the B-to-C leg closes for $372,000. We are repaid $330,000 plus the 1.25% fee ($4,125) from proceeds. The wholesaler nets roughly $37,875 and the end buyer’s file shows a clean purchase.
Apply
Upload both contracts and your end buyer’s proof of funds online. Standard turnaround is about 48 hours to wire-ready; same-day funding is available for complete files in before 11 AM Eastern.
Frequently Asked Questions
Does double close funding work for high-priced Wasatch Front deals? +
Yes. The Wasatch Front has seen steep appreciation, so Utah double closes often carry higher funded amounts than rural markets. We fund up to $100,000,000+ on a single transaction, and the flat-fee tiers are built for larger deals — 1.25% up to $1M and 1.0% from $1M to $10M. A $400,000 Salt Lake City or Provo purchase funds the same way a smaller one does: we wire the A-to-B cash to your title company and get repaid from the B-to-C proceeds the same day.
Is Utah a title company or escrow state for a double close? +
Utah closes through title and escrow companies rather than attorneys, which keeps double closes straightforward. You want one title or escrow office handling both the A-to-B and B-to-C legs on the same day. Utah is also a wet-funding state, so the money must be in escrow before disbursement — we wire by 9 AM the morning of closing so it is sitting there before signing. Confirm same-day double-close handling with your Salt Lake or Utah County escrow officer.
How much spread do I need for a Utah double close to make sense? +
Because the fee is a flat 1.25% on funded amounts up to $1M, the math favors deals where your spread comfortably clears that plus closing costs. On a $350,000 Provo purchase the fee is about $4,375, so a spread of $20,000-plus leaves a healthy margin. On thinner deals, an assignment or our Echo product may cost less. We can talk through which structure nets you the most before you commit.
Apply for Double Close Funding in Utah
Submit your application online — same-day decisions for complete files before 2 PM Eastern.