EMD Funding in Augusta, GA | Swift Deal Funding
EMD Funding in Augusta, GA
EMD funding puts up the earnest money deposit on your Augusta contract so you can lock a property without committing your own cash. We send the deposit — $5,000 to $25,000 — to the escrow holding the deal, usually within 24 hours of a complete application. It’s our cheapest, fastest product, well-suited to Augusta’s affordable market where investors chase volume: Harrisburg and Olde Town flips, plus rental buys near Fort Eisenhower feeding the cyber workforce. The deposit must be refundable under your contract’s inspection or due-diligence terms.
How EMD funding works in Augusta
Georgia is an attorney-closing state, so the deposit is typically held in the closing attorney’s trust account (or a broker’s escrow), and a licensed Georgia attorney — not a title company alone — must conduct the eventual closing. Once we have your executed contract with refundable EMD language, the escrow/attorney contact, written confirmation the deposit is refundable, and your ID, we wire — typically within 24 hours, and same-day for complete files in before 11 AM Eastern. If the deal closes, you’re done; if it dies in due diligence, the refundable deposit returns to us. Confirm refund terms in writing first.
Pricing
| Option | Upfront | At close | Best for |
|---|---|---|---|
| A | 5% of EMD (min $500) | 20% of EMD | High close-through rates |
| B | 10% of EMD (min $1,000) | 0% | Predictable per-deal cost (most popular) |
A $5,000 EMD under Option B hits the $1,000 minimum (paid once, nothing at close); the same deposit under Option A is $500 upfront plus $1,000 at close — so on small Augusta deposits, compare both.
What you’ll need
- Executed purchase contract with refundable EMD language
- Augusta escrow / closing attorney contact
- Written confirmation that the EMD is refundable
- Your photo ID
No credit check, income verification, or tax returns. Local note: in Georgia the closing is attorney-conducted, so coordinate your deposit and refund terms with the closing attorney’s office — they’ll hold and ultimately disburse it.
A typical Augusta EMD scenario
You go under contract on a $120,000 home in Olde Town you plan to assign. The seller wants a $5,000 deposit to take it off market. Under Option B, we wire $5,000 to escrow within 24 hours for the $1,000 minimum fee. Your cash stays free for the next deal, and if inspection kills the numbers, the refundable deposit returns to us.
Apply
Submit your contract and escrow contact online — most files take under ten minutes.
Frequently Asked Questions
Where does the earnest money go on an Augusta deal? +
We wire the EMD to the escrow holding your Augusta contract — typically within 24 hours of a complete application and written confirmation. Georgia is an attorney-closing state, so the deposit is usually held in the closing attorney's trust account (or a broker's escrow), and that licensed Georgia attorney must ultimately conduct the closing — a title company alone cannot. The deposit has to be refundable under your contract's inspection or due-diligence terms, with written confirmation it returns to us if the deal doesn't close.
How much earnest money will you fund in Augusta? +
We fund EMDs from $5,000 to $25,000, but Augusta's affordable prices mean deposits are often at the low end — a $5,000 to $8,000 deposit is common on a sub-$200K Harrisburg or Olde Town deal. Two options: Option A is 5% upfront (min $500) plus 20% at close; Option B is 10% upfront (min $1,000) with nothing at close — the popular pick for predictable cost. On smaller deposits the minimums matter, so run both options before you choose.
Why use EMD funding instead of my own cash in Augusta? +
Even in an affordable market like Augusta, locking your own cash in escrow on several deals at once drains working capital you'd rather spend on marketing and acquisitions. EMD funding lets you tie up multiple properties — say a Harrisburg flip and a Fort Eisenhower-area rental — while your cash stays free. Because the deposit is refundable per your contract, your downside is limited to our fee if the deal dies in due diligence. A Georgia attorney still conducts the eventual closing.
Apply for EMD Funding in Augusta, GA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.