Stack Funding in Tacoma, WA | Swift Deal Funding
Stack (Morby Method) Funding in Tacoma, WA
Stack funding provides the cash needed at the closing table when a seller carry-back note covers the buyer’s down payment but escrow still requires real funds to close. The recorded second-position note repays our funds plus a flat 2.5% fee — often the same business day. Tacoma Stack deals typically run $35,000–$120,000 funded, with capacity to $10,000,000 per transaction.
Stack suits Tacoma’s creative-finance deals. With a median around $480,000 and many long-term owners holding homes in South Tacoma, the Eastside, and the neighborhoods around Joint Base Lewis-McChord, sellers here will often carry paper rather than take a full cash payout. Subject-to and owner-finance structures appear regularly among Seattle-overflow investors, and Stack covers the working capital escrow needs to record — with Washington’s dry-funding model setting the timing.
How a Stack deal closes in Tacoma (dry-funding, record-first)
Washington is a dry-funding state, so escrow records before disbursing — nothing releases at signing. The sequence:
- The deal is structured with a seller carry-back covering down payment + closing costs.
- We wire the cash needed to close into escrow.
- The deal signs; escrow records the deed, then the carry-back note in second position with Pierce County.
- Once recording confirms, escrow disburses and the recorded note repays our funds plus 2.5%.
The recorded second-position note is the repayment instrument, so recording is mandatory — and because Washington disburses post-recording, your escrow company’s Pierce County recording cutoff determines whether it clears same day.
Pricing
Flat 2.5% of the funded amount, collected on the settlement statement. 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 |
What you’ll need
- Executed purchase contract with seller-financing terms
- Seller carry-back ≥ required down payment + closing costs
- A Tacoma escrow company prepared to record the second-position note immediately after closing
- Written confirmation from escrow that the note will be recorded as agreed
No credit check, income verification, or tax returns; no Washington wholesaler license required — disclose your equitable interest.
A typical Tacoma Stack scenario
You structure an owner-finance deal on a South Tacoma craftsman where the seller carries a $65,000 note covering the down payment and costs, but escrow still needs $58,000 of real funds to close. We wire the $58,000 into your Tacoma escrow company. The deal signs; escrow records the deed and your second-position carry-back note with Pierce County. Once recording clears, escrow disburses and the recorded note repays our $58,000 plus the $1,450 fee — same business day when the file is in early.
Apply
Submit your purchase contract and seller-financing terms online. We coordinate with your Tacoma escrow company on the carry-back recording.
Frequently Asked Questions
How does Stack funding handle Washington's record-first rule in Tacoma? +
Stack supplies the cash needed at closing when a seller carry-back covers the buyer's down payment but escrow still needs real funds to close. Washington is a dry-funding state, so the Tacoma escrow company records before disbursing. We wire the closing cash; escrow records the deed and the second-position carry-back note with Pierce County, then disburses. The recorded second note repays our funds plus the flat 2.5% — typically the same business day once recording confirms. Confirm the recording sequence with your escrow company.
Does the carry-back note have to be recorded for Stack in Tacoma? +
Yes. The structure depends on the second-position carry-back note recording with the Pierce County Auditor. In Washington's record-first model, escrow records the deed first, then the carry-back note in second position, then disburses. That recorded note is our repayment instrument, so your Tacoma escrow company must confirm in writing they'll record it as agreed before we fund — that written confirmation is a core requirement of every Stack deal.
When is Stack the right call instead of Echo in Tacoma? +
Use Stack when seller financing is built into the deal — a seller carrying a note rather than taking full cash, common when an older Tacoma owner near JBLM or in South Tacoma wants steady payments instead of a lump sum. The carry-back must cover the down payment plus closing costs. Use Echo when repayment comes from a sizable assignment fee with no seller note. Both front cash at the Tacoma close; Stack is repaid by the recorded second note, Echo from seller proceeds.
Apply for Stack Funding in Tacoma, WA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.