Stack Funding in Lexington, KY | Swift Deal Funding
Stack Funding in Lexington, KY
Stack funding — built on the Morby Method — supplies the cash a Lexington closing needs when a seller carry-back is covering the buyer’s down payment but the closing attorney still requires real funds in escrow to close. We wire that cash to the table, and the recorded second-position note repays our advance plus a flat 2.5%, often the same day.
The Bluegrass market makes this practical. With a metro median near $280,000 and a deep base of long-hold landlords near the University of Kentucky plus equity-rich owners across horse country, owner-finance and subject-to deals come up regularly — exactly the structures Stack is built for. Typical funded amounts run $20,000 to $70,000, with capacity to $10 million per transaction.
How a Stack Deal Closes in Lexington
Kentucky is an attorney-closing, wet-funding state, so a licensed Kentucky attorney conducts the closing, issues the title opinion, and records the carry-back — the key difference from Missouri, where a title company can close alone. You structure a seller carry-back covering the down payment and costs, we wire the required cash on closing day, the attorney disburses to the seller and records the carry-back as a second-position mortgage, and that note repays us plus 2.5%, typically same-day.
Give your Lexington attorney lead time on the title work, and confirm second-position recording mechanics locally.
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 | 2.5% flat |
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 Kentucky closing attorney prepared to record the second-position mortgage right after closing
- Written confirmation from the attorney that the note will be recorded as agreed
No credit check, no income verification, no tax returns.
A Typical Lexington Stack Scenario
A landlord retiring out of a near-campus duplex agrees to owner-finance and carry back a note covering your $42,000 down payment and costs. The closing attorney still needs that $42,000 in escrow to close. We wire it; the deal closes; your Kentucky attorney records the seller’s carry-back as a second-position mortgage and repays us $42,000 plus 2.5% ($1,050) — same day. You add the duplex to your rental portfolio with little of your own cash at the table.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your Lexington closing attorney on the carry-back recording.
Frequently Asked Questions
Who records the seller carry-back on a Lexington Stack deal? +
Kentucky is an attorney-closing state, so a licensed Kentucky attorney conducts the closing, issues the title opinion, and records the seller's carry-back mortgage in second position right after closing. That recorded note repays our advance plus a flat 2.5%. Kentucky is also a wet-funding state, so our cash must be in escrow to close. Confirm second-position recording and the title work with your Lexington attorney before you set a date.
When does Stack beat Echo on a Lexington deal? +
Use Stack when the deal includes seller financing — a motivated Lexington seller with equity who carries back a note covering the down payment and costs. Use Echo when there is no carry and you only need the end buyer's down payment funded against your assignment fee. Long-hold landlords near the University of Kentucky and equity-rich owners across the Bluegrass make owner-finance and subject-to deals common, and those structures are where Stack fits.
Do I need special licensing for a seller-finance Stack deal in Lexington? +
Kentucky has no dedicated wholesaler license, and creative-finance purchases do not require one — but seller-financing and owner-occupant terms can trigger disclosure rules, so confirm your specific structure with your closing attorney. Stack supplies the cash the attorney needs in escrow at closing, repaid by the recorded second note. We underwrite the purchase contract and carry-back terms, not your credit, income, or tax returns.
Apply for Stack Funding in Lexington, KY
Submit your application online — same-day decisions for complete files before 2 PM Eastern.