Stack Funding in Minnesota | Swift Deal Funding
Stack (Morby Method) funding in Minnesota
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 the closing still requires real funds to clear. We supply the cash; a recorded second-position note repays our funds plus a flat 2.5%, often the same day through title. Typical funded amounts in Minnesota run $40,000–$110,000, with capacity up to $10 million per transaction.
Minnesota is a steady, mid-priced market with a strong contract-for-deed and seller-financing tradition, which makes Stack a comfortable fit. Activity concentrates in the Minneapolis–St. Paul metro — Minneapolis, St. Paul, Brooklyn Park and Bloomington — with regional volume in Rochester, Duluth and St. Cloud. Equity-rich owners in well-kept neighborhoods sometimes prefer to carry a note rather than take a full cash payout, and Stack lets a creative-finance investor close those deals without bringing the down payment in cash.
How a Stack deal closes in Minnesota
Minnesota is a title/escrow-closing state, so the title company conducts the closing and records instruments with the county recorder, without a mandatory attorney. The seller’s carry-back is documented as a mortgage (or alongside a contract for deed), and our repayment note records in second position behind it. The title company disburses to the seller, records the carry-back and our second-position note, and our funds plus the 2.5% are repaid — typically same day. On contract-for-deed structures, verify recording and priority with a Minnesota attorney, since the mechanics differ from a standard carry-back mortgage. We wire by 9 AM Eastern (8 AM Central).
Pricing
Flat 2.5% of the funded amount, settled through the closing statement — nothing upfront:
| Funded amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| Up to $10,000,000 | 2.5% flat |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back large enough to cover the required down payment plus closing costs
- Title company ready to record the second-position note immediately after closing
- Written confirmation from the title company that the note will record as agreed
No credit check, no income verification, no tax returns. Minnesota note: clarify whether the deal is a carry-back mortgage or contract for deed so recording is handled correctly.
A typical Minnesota Stack scenario
A Bloomington owner with substantial equity agrees to carry back a note covering the buyer’s down payment, but the title company still needs cash at the table to close. You bring in Stack: we provide the funds, the title company disburses to the seller, records the carry-back and our second-position note, and our cash plus 2.5% is repaid through the close. You completed a seller-financed acquisition without fronting the down payment.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your title company on the second-position recording.
Frequently Asked Questions
Who records the second-position note on a Minnesota Stack deal? +
Minnesota closes through title companies, so the title company conducts the closing and records the instruments with the county recorder — no mandatory attorney. The seller-carry note that repays us records in second position behind the carry-back. We coordinate with the title company so it records immediately after closing, and our funds plus the flat 2.5% are repaid, typically the same day. Confirm the title company is prepared to record the second note exactly as the structure requires.
Does Minnesota's contract-for-deed tradition fit Stack? +
Yes. Minnesota uses contracts for deed widely, and Stack works with seller-financed structures whether documented as a carry-back mortgage or alongside a contract for deed. The requirement is a seller carry-back large enough to cover the buyer's down payment, with a recorded second-position note repaying our cash plus 2.5%. Because instrument and priority handling can differ between a carry-back mortgage and a contract for deed, run the specific structure past a Minnesota real estate attorney.
What size Stack deals are typical in Minnesota? +
Minnesota's steady, mid-priced market means the down payments a carry-back needs to cover are meaningful but not extreme, so Stack-funded amounts here commonly land in the $40,000–$110,000 range. Most activity is in the Minneapolis–St. Paul metro, where motivated sellers with equity sometimes prefer to carry rather than take a full cash payout. We provide the cash needed at the table and recover it through the recorded second note plus a flat 2.5%.
Apply for Stack Funding in Minnesota
Submit your application online — same-day decisions for complete files before 2 PM Eastern.