Echo Funding in Atlanta, GA | Swift Deal Funding
Echo Funding in Atlanta, GA
Echo funding supplies the cash for your end buyer’s down payment at closing and is repaid directly from the seller-side proceeds — your assignment fee. In Atlanta, one of the country’s top three wholesale markets, that’s a frequent fit: investor-heavy neighborhoods like English Avenue, the West End, Adair Park, and East Point produce deals where the end buyer is qualified but light on closing cash. Instead of fronting an entire purchase price, you fund only the down payment, and your assignment fee carries the repayment. Flat 2.5% fee, no upfront cost.
How Echo funding closes in Atlanta
Georgia is a wet-funding state but an attorney-closing state: a licensed Georgia attorney must conduct the closing — a title company alone cannot disburse. We wire the down-payment funds ahead of closing. At the table the attorney closes the deal, disburses the seller’s proceeds, and repays our funded amount plus the 2.5% fee from your assignment fee on the settlement statement. Standard turnaround is about 48 hours from a complete file; same-day is possible for files in before 11 AM Eastern. The gate is simple: your assignment fee must exceed the funded down payment plus our fee, and the closing attorney must be ready to disburse our repayment.
Pricing
Flat 2.5% of the funded amount. No application, origination, or upfront fees — collected through the settlement statement at close.
What you’ll need
- Executed purchase contract
- Executed assignment contract showing your fee
- An assignment fee large enough to cover the funded down payment plus the 2.5% fee
- A licensed Georgia closing attorney ready to disburse with our Echo repayment included
No credit check, income verification, or tax returns. Local note: because Georgia requires an attorney to close, confirm your closing attorney will disburse our Echo repayment from the assignment fee exactly as structured before the deal goes to the table.
A typical Atlanta Echo scenario
You assign a $400,000 West End property to an end buyer for a $35,000 assignment fee. The buyer is approved but short the $28,000 down payment. Echo funds the $28,000 ahead of closing. At the table the closing attorney closes the deal and, from your $35,000 fee, repays us $28,000 plus a $700 fee (2.5%). You net about $6,300, the buyer brings far less cash, and none of your capital is tied up.
Apply
Upload your purchase contract and assignment showing the fee — we verify the fee covers the funded amount before approval.
Frequently Asked Questions
Does a Georgia attorney handle the Echo repayment in Atlanta? +
Yes. Georgia is an attorney-closing state, so a licensed Georgia attorney must conduct the closing — a title company alone cannot disburse. Echo funds your end buyer's down payment, and the closing attorney repays us from the seller-side proceeds (your assignment fee) right off the settlement statement. Confirm with the attorney's office that they'll disburse our Echo repayment as structured. The hard rule: your assignment fee must cover the funded down payment plus our flat 2.5%.
When does Echo beat a double close in Atlanta? +
Echo fits when your Atlanta end buyer is short on down-payment cash but you're carrying a healthy assignment fee — common in high-volume investor neighborhoods like the West End and East Point. Rather than fronting the full purchase like a double close, Echo covers only the down payment and is repaid from your fee at a flat 2.5%. It also means one less leg for the closing attorney to schedule. If the buyer is all cash, or there's no real assignment fee, a double close usually fits better.
Do I need a license to use Echo funding in Atlanta? +
No. Georgia doesn't require a wholesaler license to assign contracts, but you should disclose your assignment so the fee and our Echo repayment are transparent to the closing attorney and on the settlement statement. Remember a Georgia attorney must conduct the closing. We're a direct lender — no credit, income, or tax review — so approval rests on the purchase contract, the assignment showing your fee, and the attorney being ready to disburse our repayment.
Apply for Echo Funding in Atlanta, GA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.