Stack Funding in Corpus Christi, TX | Swift Deal Funding
Stack (Morby Method) funding in Corpus Christi, TX
Stack funding provides the cash a title company needs in escrow at closing when a seller carry-back note covers the buyer’s down payment but no real money is yet at the table. In Corpus Christi, where coastal carrying costs push some buyers toward creative structures and equity-rich owners are open to carrying paper, that gap shows up on seller-finance deals.
Anchored by the refineries, the port, and the Navy base, the Coastal Bend produces steady deal flow. With a median sale price around $270,000 and seller-finance structures concentrated among long-time Southside and Calallen owners, Corpus Christi sees a regular stream of carry-back deals. Typical Stack amounts here run $20,000 to $65,000, with capacity up to $10 million per transaction. The recorded seller-carry note repays our funds plus a flat 2.5%, often same-day via title. We never pull credit, verify income, or ask for tax returns.
How a Stack deal closes in Corpus Christi
Since Texas closings go through title companies and the wet-funding rule keeps cash in escrow before disbursement, Stack fits the gap exactly:
- The deal is set up with the seller carrying a note that covers the down payment and closing costs.
- We wire the cash the closing table needs on closing day.
- Title pays out the seller’s proceeds and records the carry-back note in second position.
- The recorded second-position note then repays us our funds plus the flat 2.5%, typically same-day through title.
Confirm with your Corpus Christi title company that they will record the second lien and handle the disbursement order as agreed before you set the closing date.
Pricing
Flat 2.5% of the funded amount. No upfront fees, collected through the closing statement:
| Funded Amount | Fee | Example |
|---|---|---|
| $50,000 | 2.5% flat | $1,250 |
| $100,000 | 2.5% flat | $2,500 |
| $500,000 | 2.5% flat | $12,500 |
| Up to $10,000,000 | 2.5% flat | $250,000 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back amount large enough to cover the required down payment plus closing costs
- Title company prepared to record the seller-carry second-position note immediately after closing
- Written confirmation from title that the note will be recorded as agreed
A local note: factor coastal windstorm and flood costs into the deal — they affect what carry-back terms a seller and buyer will accept, but not how Stack funds the closing.
A typical Corpus Christi Stack scenario
An investor buys a Calallen duplex on owner financing from an equity-rich owner who has held it for years. The seller agrees to carry a $55,000 note covering the down payment and closing costs, but Texas wet-funding rules still require that cash in escrow to close. We wire $55,000 on closing day; title disburses, records the carry-back note in second position, and that note repays us $55,000 plus the 2.5% fee ($1,375) — $56,375 — same-day. The investor closes without bringing personal cash to the table.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your title company on the carry-back recording.
Frequently Asked Questions
How does Stack funding work on a Corpus Christi seller-finance deal? +
Stack provides the cash a Corpus Christi title company needs in escrow at closing when a seller carry-back note covers the buyer's down payment but no real money is at the table. We wire that cash on closing day; title disburses to the seller and records the carry-back note in second position. The recorded note then repays our funds plus a flat 2.5%, usually same-day through title. It is the Morby Method structure. Confirm the second-lien recording and disbursement order with your Corpus Christi title company before you set the closing date.
Why do seller-finance deals work well on the Coastal Bend? +
Coastal carrying costs — windstorm and flood premiums — push some end buyers away from a straight cash purchase, so seller financing that keeps cash out of pocket at closing is attractive. Equity-rich, long-time Corpus Christi owners are sometimes willing to carry a note, and Stack supplies the cash Texas wet-funding rules require in escrow to close. Our funding hinges on the contract's seller-financing terms and a title company ready to record the second-position note, not on the windstorm zone the property sits in.
Stack or Echo for a Corpus Christi creative-finance deal? +
Use Stack when the seller is carrying financing and a recorded second-position note repays us after closing — the fit for seller-carry deals with equity-rich coastal owners. Use Echo when you are assigning a straight contract and your assignment fee repays the funded down payment from seller proceeds the same day, common on Southside value-add deals. Both front cash at the closing table; if the seller is carrying paper, Stack is the cleaner fit. Confirm the structure with your title company.
Apply for Stack Funding in Corpus Christi, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.