Stack Funding in Greenville, SC | Swift Deal Funding
Stack Funding (Morby Method) in Greenville, SC
Stack funding provides the cash a deal needs at the closing table when a seller carry-back note covers the buyer’s down payment — but title still requires real money in escrow to close. We wire that cash; the recorded seller-carry second-position note repays us plus a flat 2.5% fee, often the same day through the closing attorney.
Greenville’s fast appreciation (median ~$380K), driven by BMW, Michelin, and ongoing relocations, means many longtime Upstate owners are sitting on real equity — across West Greenville, Nicholtown, and the wider metro — and some prefer carrying a note over a full cash-out, especially on inherited or long-held property. That’s the setup for subject-to and owner-finance deals where Stack supplies the closing-table cash. The local mechanic is that a licensed SC attorney handles the recording. Typical Greenville Stack amounts run $35,000–$130,000, with capacity up to $10M.
How a Stack deal closes in Greenville (SC attorney-must-close)
South Carolina is a wet-funding state, and the SC Supreme Court requires a licensed SC attorney to supervise the closing, disburse from the trust account, and handle recording. For Stack, that attorney records the seller carry-back note in second position immediately after closing; the recorded note then repays our funds plus the 2.5% fee — typically same-day. We wire by 9 AM Eastern; standard turnaround is ~48 hours from a complete file. Confirm with your Greenville closing attorney that they’ll record the second note as structured, since the firm controls recording and the trust-account release.
Pricing
Flat 2.5% of funded amount, no upfront fees, collected on 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
- A seller carry-back large enough to cover the required down payment plus closing costs
- A licensed SC closing attorney ready to record the second-position note immediately after closing
- Written confirmation from that attorney that the note will be recorded as agreed
No credit check, no income verification, no tax returns.
A typical Greenville Stack scenario
An owner who inherited a Nicholtown home free and clear agrees to owner-finance at $360,000 and carries back a note covering your $52,000 down payment and costs. Title still needs that cash in escrow to close. Stack wires the ~$52,000 to the SC closing attorney’s trust account; once the attorney clears title, the closing executes, the firm records the seller’s carry-back in second position, and that note repays our funds plus the 2.5% fee ($1,300) — typically same-day. You acquire the property without bringing the down payment out of pocket.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate with your SC closing attorney on the carry-back recording.
Frequently Asked Questions
Will a South Carolina attorney record the seller carry-back note for my Greenville Stack deal? +
Yes — the SC Supreme Court requires attorney-supervised closings, so a licensed Greenville attorney handles the closing and recording. For Stack, that attorney records the seller's carry-back note in second position right after closing, and the recorded note repays our funds plus the flat 2.5% fee — typically same-day. We need the attorney's written confirmation they'll record the second note as structured before we fund the closing-table cash.
Why use Stack instead of Echo on a Greenville deal? +
Use Stack when seller financing is part of the structure — a Greenville seller carrying back a note that covers the buyer's down payment. Echo, by contrast, funds a down payment repaid from your assignment fee with no carry-back. With the Upstate's appreciation from BMW and Michelin relocations, longtime owners are sometimes open to carrying paper rather than taking a full cash-out, which is exactly when Stack fits subject-to and owner-finance deals.
How does the SC attorney-close requirement affect a Greenville Stack closing? +
It centralizes everything in one firm. The licensed SC attorney supervises the closing, disburses from the trust account, and records the second-position note. The funding mechanics don't change — we wire the cash needed at the table and the attorney records the carry-back — but because the firm controls recording and the trust release, confirm the recording order and same-day repayment with your Greenville closing attorney before you fund.
Apply for Stack Funding in Greenville, SC
Submit your application online — same-day decisions for complete files before 2 PM Eastern.