Stack Funding in Philadelphia, PA | Swift Deal Funding
Stack Funding in Philadelphia, PA
Stack (the Morby Method) supplies the cash a Philadelphia deal needs at the closing table when a seller carry-back covers the buyer’s down payment but the title company still requires real funds in escrow to close. Swift Deal Funding wires that cash as a direct lender; a recorded second-position note repays us plus a flat 2.5% — often the same day through title. In Philadelphia, where rowhomes run around $275,000 and many long-tenure owners hold serious equity, Stack commonly funds $25,000–$75,000 of down-payment-and-costs gap on seller-finance deals, with capacity to $10M.
No credit check, no income verification, no tax returns.
How Stack closes in Philadelphia
Pennsylvania is a wet-funding state, so closings run through a title company or closing attorney and money has to be in escrow before settlement. On a Stack deal the seller agrees to carry a note covering the buyer’s down payment and costs; we wire the cash the table requires on closing day; title disburses to the seller and records our second-position note; and that recorded note repays our advance plus 2.5%, typically same-day.
The Philadelphia caveat is regulatory. If your structure involves assigning or wholesaling the property, the city’s Chapter 9-5200 wholesaler license and three-day seller disclosure apply, as do Pennsylvania’s statewide wholesaling rules; a straight subject-to acquisition where you take title may sit differently. Square your role and compliance before you contract, and confirm with a local Pennsylvania closing professional that the title agent will record the second note exactly as agreed.
Pricing
Flat 2.5% of the funded amount. No upfront fees. Collected through settlement.
| Funded Amount | Fee |
|---|---|
| $50,000 | $1,250 |
| $100,000 | $2,500 |
| $500,000 | $12,500 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back large enough to cover the down payment plus closing costs
- Title company or closing attorney prepared to record the second-position note immediately after closing
Philadelphia note: confirm the recording plan with your title agent up front, and handle any wholesaler-license obligations tied to your exit.
A typical Philadelphia Stack scenario
An older owner of a paid-off West Philadelphia rowhome agrees to seller-finance the sale at $240,000 and carry a note covering the $50,000 down payment plus closing costs. Title still needs that cash in escrow to close. Stack wires the $50,000; title disburses, records our second-position note, and repays our $50,000 plus the $1,250 fee from the structure — typically same-day. You acquire with little of your own cash in the deal.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate directly with your Pennsylvania title company on the carry-back recording.
Frequently Asked Questions
Can I record a seller-carry second note on a Philadelphia rowhome? +
Yes. Pennsylvania is a wet-funding state and your Philadelphia title company or closing attorney records the second-position note as part of settlement. Stack works when the seller's carry-back covers the buyer's down payment but title still needs real funds in escrow to close. We supply that cash; the recorded second note repays us plus a flat 2.5%, often same-day through title. Confirm the agent will record as agreed before you schedule.
Does the Philadelphia wholesaler-license rule apply to a Stack deal? +
If your structure involves assigning or wholesaling the property, the city's Chapter 9-5200 license and three-day seller disclosure apply, along with Pennsylvania's statewide wholesaling rules. A straight subject-to or seller-finance acquisition where you take title may sit differently. Stack itself is just the closing-table capital; the regulatory questions turn on your role and exit. Confirm your obligations with a local Pennsylvania closing professional before contracting.
What kinds of Philadelphia sellers carry back a note for Stack? +
Often older owners with a paid-off Fishtown or West Philadelphia rowhome who'd rather carry paper than take a full cash payout, or estate sellers willing to finance to move a long-held property. The carry-back has to cover the down payment plus closing costs for Stack to fit. With Philadelphia values around $275,000 and plenty of high-equity, long-tenure owners, seller-carry structures come up regularly here.
Apply for Stack Funding in Philadelphia, PA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.