Echo Funding in Houston, TX | Swift Deal Funding
Echo funding in Houston, TX
Echo funding fronts an end buyer’s down payment at the closing table and is repaid from the seller’s proceeds — typically your assignment fee. In Houston, the largest wholesale market in the largest wholesale state, that means you can close an assignment even when your investor end buyer is a little short on cash, without putting up your own money.
Houston’s no-zoning sprawl and a median sale price around $345,000 produce wide spreads on infill and value-add deals from Acres Homes and Independence Heights to Third Ward and Sharpstown — and wide spreads are exactly what make Echo work, because your assignment fee has to cover the funded down payment plus our flat 2.5%. Typical funded amounts here run $25,000 to $100,000, with capacity up to $10 million per transaction. We never pull credit, verify income, or ask for tax returns.
How Echo closes in Houston
Texas closes through title companies, not attorneys, and it is a wet-funding state — funds sit in escrow before the title company disburses. That keeps Echo clean:
- You submit your purchase contract and the assignment showing your fee.
- We confirm the assignment fee covers the funded down payment plus the 2.5%.
- We wire the down payment to your Houston title company so the end buyer’s cash-to-close is covered.
- The deal closes, and we are repaid our funded amount plus 2.5% directly from the seller’s proceeds — your assignment fee — at the table.
Most investor-active Houston title offices handle this routinely. Confirm the disbursement order with your title company before closing.
Pricing
Flat 2.5% of the funded amount. No application fees, no origination fees, no upfront cost — collected through the closing statement.
What you’ll need
- Executed purchase contract
- Executed assignment contract showing your assignment fee
- Assignment fee large enough to cover the funded down payment plus the 2.5% fee
- Title company prepared to disburse seller proceeds with Echo repayment included
- All parties aligned on the closing timeline
A local note: Houston’s wide infill spreads usually leave plenty of room for the assignment fee to cover Echo, but verify the number before you lock the date.
A typical Houston Echo scenario
A wholesaler assigns a Third Ward bungalow with a $290,000 end-buyer price and a $35,000 assignment fee. The investor end buyer is short $22,000 on the down payment. Echo wires that $22,000 to the title company. At closing, we are repaid $22,000 plus the 2.5% fee ($550) — $22,550 — straight from the $35,000 assignment fee. The wholesaler nets about $12,450, the end buyer closes with less cash out of pocket, and no personal funds were tied up.
Apply
Submit your purchase contract and assignment online. We verify the assignment fee covers the funded amount before approval. Standard turnaround is about 48 hours.
Frequently Asked Questions
How does Echo funding work on a Houston assignment deal? +
Echo fronts your end buyer's down payment at closing and gets repaid out of the seller's proceeds — usually your assignment fee. On a Houston deal where an investor end buyer is short on cash for a down payment, we wire the down payment to the title company, the deal closes, and we are repaid your funded amount plus a flat 2.5% directly from your assignment fee at the table. Your assignment fee just has to be large enough to cover the funded down payment plus the 2.5%. Confirm disbursement order with your title company.
Which Houston title companies handle Echo down-payment funding? +
Any investor-active Texas title company can, since Texas is a title-company closing state and a wet-funding state. The down payment and our repayment both move through that single office. Houston's huge deal volume means most offices in the Energy Corridor, the Heights, and Sharpstown handle assignment closings with funded down payments routinely. Give us the title company contact when you apply, and we coordinate the wire and the repayment instructions so your assignment fee covers Echo at disbursement.
Is Echo or Stack better for a Houston wholesale deal? +
Use Echo when the deal closes on a straight assignment with a healthy fee — common across Houston's high-volume submarkets like Acres Homes and Independence Heights, where wide spreads make the assignment fee easily cover the funded down payment plus 2.5%. Use Stack when seller financing is part of the structure and a recorded second-position note handles repayment. Both front cash at closing; Echo is repaid from seller proceeds the same day, Stack from a recorded carry-back note. Confirm the structure with your title company.
Apply for Echo Funding in Houston, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.