Stack Funding in Jacksonville, FL | Swift Deal Funding
Stack (Morby Method) funding in Jacksonville, FL
Stack funding provides the cash needed at the closing table when a seller carry-back note covers the buyer’s down payment but the title company still requires real funds in escrow to close. The recorded second-position seller-carry note repays our funds plus a flat 2.5% — often same-day through title.
Jacksonville’s affordability and stable, long-tenured ownership make it a steady source of creative-finance deals. Landlords building rental portfolios across Arlington and the Westside frequently structure seller-carry and subject-to purchases to preserve cash across multiple buys. Stack deals here commonly fund $30,000 to $100,000 — smaller than South Florida — with capacity to $10 million per transaction.
How a Stack deal closes in Jacksonville, FL
- Deal structured. The seller agrees to a carry-back note covering the down payment plus closing costs.
- Cash at the table. Under Florida wet-funding, we wire the needed cash to the Jacksonville title company on closing day.
- Closing executes. Title disburses to the seller and records the seller-carry note in second position.
- Note repays. The recorded second note pays back our funds plus 2.5% — typically same-day through title.
Confirm with your Jacksonville title agent that the second-position note will record as agreed.
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
- A Jacksonville title company prepared to record the seller-carry second note immediately after closing
- Written confirmation from title that the note will be recorded as agreed
Pricing
Flat 2.5% of the funded amount. No upfront fees. Collected through the closing statement.
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
| Up to $10,000,000 | $250,000 |
A typical Jacksonville Stack scenario
A landlord buys a duplex in Arlington for $240,000 with the seller carrying a $45,000 second to cover the down payment, but the senior lender needs that down payment as verified funds at closing. Stack wires the $45,000 to the title company on closing day. Title disburses to the seller, records our second-position note, and the note repays $46,125 ($45,000 + 2.5%) — typically same-day. The buyer adds a rental with minimal cash in the deal.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your Jacksonville title company on the carry-back recording.
Frequently Asked Questions
When does Stack fit a Jacksonville deal? +
When a seller carries back financing that covers the buyer's down payment but title still needs real funds in escrow to close. Stack provides that cash at the table; a recorded second-position note repays us plus a flat 2.5%, typically same-day through title. Jacksonville's affordable price points and long-tenured owners make seller-carry and subject-to deals common, especially with landlords building rental portfolios in Arlington and the Westside.
Are Stack deals smaller in affordable Jacksonville? +
Often, yes. Because down payments scale with price and the median sits near $300,000, the cash Stack needs to supply at the table is usually smaller here than in South Florida. That keeps the flat 2.5% fee low. The mechanics are identical: we wire the cash, the seller-carry note records in second position, and the note repays us plus 2.5% — typically same-day.
How is Stack different from Echo in Jacksonville? +
Both put cash on the table. Echo is repaid from seller proceeds — your assignment fee — at closing. Stack is repaid by a recorded seller-carry second note after closing. In Jacksonville, choose Echo for clean assignments with a solid fee, and Stack when the seller is financing the deal and a carry-back covers what would otherwise be the buyer's down payment.
Apply for Stack Funding in Jacksonville, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.