Stack Funding in Louisville, KY | Swift Deal Funding
Stack Funding in Louisville, KY
Stack funding — built on the Morby Method — supplies the cash a Louisville 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 Ohio River market makes this practical. With a metro median near $240,000 and plenty of equity-rich, long-hold sellers in Old Louisville, Portland, Shawnee, and Germantown, 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 Louisville
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 Louisville 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 Louisville Stack Scenario
A retiring landlord in Old Louisville with a paid-off Victorian triplex agrees to owner-finance and carry back a note covering your $38,000 down payment and costs. The closing attorney still needs that $38,000 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 $38,000 plus 2.5% ($950) — same day. You acquire the triplex with little of your own cash at the table.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your Louisville closing attorney on the carry-back recording.
Frequently Asked Questions
Who records the seller carry-back on a Louisville 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 Louisville attorney before setting a date.
When does Stack beat Echo on a Louisville deal? +
Use Stack when the deal includes seller financing — a motivated Louisville 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. Older equity-rich stock in Old Louisville and Portland, plus long-hold landlords across Shawnee and Germantown, makes owner-finance and subject-to deals common — and those are where Stack fits.
Do I need special licensing for a seller-finance Stack deal in Louisville? +
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 Louisville, KY
Submit your application online — same-day decisions for complete files before 2 PM Eastern.