Double Close Funding in Washington | Swift Deal Funding
Double Close funding in Washington
Double close funding lets a Washington wholesaler buy from the seller (A-B) and resell to the end buyer (B-C) on the same day through one escrow office, using our capital instead of yours to bridge the two legs. Our capital covers the A-B purchase; your profit comes out of the B-C resale. Funded amounts here commonly run $200,000 to $700,000 — Seattle and the Eastside pricing pulls deals upward — with capacity past $100 million per transaction.
Washington’s deal flow concentrates in the Puget Sound corridor: Seattle, Bellevue, Tacoma, and Everett, where high prices push many double closes into our lower fee tier. Spokane and the Vancouver–Portland border region add steady volume at lower price points. Across all of it, the state’s dry-funding rule sets the rhythm of how the deal closes.
How a double close closes in Washington
This is where Washington differs from most of the country. It’s a dry-funding state, so the escrow agent cannot disburse until the deed records with the county recorder. On a double close that creates a strict sequence: the A-B records first, then the B-C funds release. We wire to escrow ahead of the recording window and coordinate the order with your escrow company so both legs record and disburse the same day. Get the county recording cutoff from your escrow agent in advance — King and Snohomish can run different daily schedules, and that cutoff drives the whole timeline.
Pricing for Double Close in Washington
Tiered flat fee on the funded amount, collected through escrow. No application or upfront cost.
| Funded Amount | Fee Rate | Example |
|---|---|---|
| Up to $1,000,000 | 1.25% | $600K Tacoma deal = $7,500 |
| $1M – $10M | 1.0% | $1.6M Bellevue deal = $16,000 |
| $10M+ | Custom | Contact for structure |
You pay only when the deal funds and closes.
What you’ll need for Double Close in Washington
- Fully executed A-B purchase contract
- Fully executed B-C assignment or purchase contract
- Verified end buyer with proof of funds or a financing pre-approval letter
- Same-day closing scheduled for both legs
- A single Washington escrow company handling both transactions
No credit pull, no income docs, no tax returns.
A typical Washington double close scenario
A wholesaler controls a Tacoma house at $510,000 with a flipper under contract at $560,000. Because Washington is dry-funding, the Pierce County escrow office maps the day: A-B records at the morning cutoff, B-C records right after. We wire $510,000 ahead of the recording window. Once the A-B records, escrow disburses; the B-C then records and our $510,000 plus the 1.25% fee ($6,375) returns from the end buyer’s funds. The wholesaler clears the spread the same day, principal untouched.
Apply for Double Close funding in Washington
Send both contracts and end-buyer verification online — about ten minutes. Standard turnaround ~48 hours to wire-ready; same-day possible for complete files in before 11 AM Eastern, timed to your county’s recording cutoff.
Frequently Asked Questions
How does dry funding affect a double close in Washington? +
Washington is a dry-funding state, so the escrow agent doesn't disburse until the deed records with the county. On a double close that means the A-B has to record before the B-C funds release. We plan the wire and the recording sequence with your escrow company so both legs clear in order on the same day — it's a timing discipline, not an obstacle. Confirm the county recording cutoff with your escrow agent, since King and Snohomish counties can run on different daily schedules.
Can a Washington escrow company run both legs of my double close? +
Yes, and using a single escrow office is required for our funding. Washington closings run through escrow companies rather than attorneys, and we need one office controlling the A-B and B-C so the recording-then-disbursement sequence is coordinated end to end. Most established Seattle, Tacoma, and Spokane escrow firms handle consecutive double-close recordings regularly. Line up the office and confirm they'll run both legs same-day before you submit.
What size double close do you fund in the Seattle market? +
Funded amounts in Washington commonly run $200,000 to $700,000, reflecting Seattle-area pricing, and we go well past $100 million on a single deal. Higher King County price points frequently push transactions over $1 million into our 1.0% tier. Standard turnaround is about 48 hours from a complete file; deals in before 11 AM Eastern with both contracts, the assignment, and verified end-buyer funds can wire the same day.
Apply for Double Close Funding in Washington
Submit your application online — same-day decisions for complete files before 2 PM Eastern.