Stack Funding in Kansas | Swift Deal Funding
Stack (Morby Method) Funding in Kansas
Stack funding supplies the cash a Kansas closing needs when a seller carry-back note covers the buyer’s down payment on paper but the title company still requires real funds in escrow to close. We wire the cash to the table; the recorded seller-carry second note repays our principal plus a flat 2.5% — often same-day through title. Typical funded amounts here run $20,000–$70,000, with capacity to $10 million.
Stack is a creative-finance tool, so it follows Kansas’s seller-finance and subject-to activity rather than its straight assignment volume. Wichita and the Johnson County metro — Overland Park, Olathe — produce the motivated, equity-rich sellers who’ll carry a note, and Kansas’s affordable price points make carry-back structures penciling-friendly for buyers.
How a Stack deal closes in Kansas
Kansas is a title/escrow state, so a title company conducts the closing and records the documents — no mandated attorney closing to route around. The sequence: the seller agrees to a carry-back covering down payment plus costs; we wire the cash needed at the table; the closing executes and title records the carry-back note in second position; that recorded note repays us plus 2.5%, typically same-day.
Kansas’s wet-funding rule is why Stack exists for this market — a paper carry-back doesn’t put dollars in escrow, but Kansas demands funds before recording. Our cash bridges that. On structuring, Kansas has no wholesaler licensing statute, but seller-financing and subject-to deals carry due-on-sale and disclosure considerations worth running past counsel. Confirm with your title officer that the second note will be recorded as agreed, and with a Kansas attorney on the carry-back terms.
Pricing for Stack in Kansas
Flat 2.5% of the funded amount, collected at close. No upfront fees.
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
| Up to $10,000,000 | $250,000 |
Stack Funding Requirements
- Executed purchase contract with seller-financing terms
- Seller carry-back ≥ required down payment + closing costs
- Kansas title company ready to record the second-position note immediately after closing
- Written confirmation from title that the note will be recorded as agreed
A typical Kansas Stack scenario
A landlord near Wichita’s College Hill wants out but will carry $40,000 to defer a tax hit. Your buyer’s lender needs a $40,000 down payment shown as real funds at closing. Kansas won’t record dry, so Stack wires $40,000 to the title company; the deal closes, the carry-back note records in second position, and that note repays us $41,000 — your buyer closes without cash they didn’t have.
Apply for Stack Funding in Kansas
Submit your purchase contract and seller-financing terms online. We coordinate the carry-back recording directly with your Kansas title company.
Frequently Asked Questions
Can a Kansas title company record the seller-carry second note? +
Yes. Kansas closings run through title/escrow companies, and recording the carry-back note in second position is part of a standard creative-finance closing here. We need written confirmation from your title officer that they'll record the second note immediately after closing, because that recorded note is what repays our funds. Most Wichita and Johnson County title shops handle seller-financed and subject-to closings regularly; confirm yours does before you schedule.
Why is wet funding relevant to a Stack deal in Kansas? +
Even when a seller carry-back covers the buyer's down payment on paper, Kansas's wet-funding rule means real money still has to be in escrow before the deed records. That gap is exactly what Stack fills: we wire the cash needed at the table so the closing can fund and record, and the recorded second note repays us plus 2.5% — usually same-day through title. Without Stack, a paper-only down payment can stall a wet-state closing.
Do Kansas seller-finance and subject-to deals need special disclosure? +
Kansas doesn't impose the wholesaler-specific licensing rules some states do, but seller-financing and subject-to structures carry their own disclosure and due-on-sale considerations. You'll want the carry-back terms, payoff handling, and any existing-loan disclosures reviewed by a Kansas real estate attorney. We fund the cash-at-close piece; the structuring and disclosure of the seller financing are between you, the seller, and your counsel.
Apply for Stack Funding in Kansas
Submit your application online — same-day decisions for complete files before 2 PM Eastern.