EMD Funding in Corpus Christi, TX | Swift Deal Funding
How EMD funding works in Corpus Christi, TX
EMD funding covers the earnest money deposit so you can lock up a Corpus Christi property without pulling cash from your own account. We send the deposit — usually $5,000 to $25,000 — directly to the title company named in your contract, typically within 24 hours of a complete application. The deposit stays refundable per your contract’s TREC option period or due-diligence terms.
On the Coastal Bend, where the refineries, the port, and the Navy base support steady demand, windstorm and flood exposure makes careful due diligence essential. With a median sale price around $270,000, sellers in Flour Bluff, the Southside, and Calallen expect a credible earnest money deposit. Funded EMD lets you lock up a property fast and use the option period to verify insurance and flood status before committing your own cash.
How EMD funding closes in Corpus Christi
Because Texas closings happen at title companies and the TREC contract pairs an option period with title-held earnest money, funded EMD slots in cleanly:
- Submit the executed contract, your Corpus Christi title company’s contact, and your ID.
- The title company confirms to us that the deposit is refundable under your contract terms.
- We wire the earnest money over, typically within 24 hours.
- On a closed deal the deposit is credited at closing; on a termination inside the option window it is refunded.
Pricing
Two options on every EMD, the same in Corpus Christi as everywhere:
| 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 typical $12,000 Corpus Christi EMD under Option B costs $1,200 total, paid once, with nothing due at closing.
What you’ll need
- Fully executed purchase contract with refundable EMD language
- Corpus Christi title company contact information
- Written confirmation from title that the EMD is refundable per contract terms
- Your photo ID
No credit check, no income verification, no tax returns. A local note: on coastal deals, negotiate an option period long enough to get real windstorm and flood-insurance quotes before your refund window closes.
A typical Corpus Christi EMD scenario
A wholesaler ties up a Flour Bluff home near the bay and the seller wants $12,000 earnest money to take it off the market, but the wholesaler wants to confirm windstorm coverage and flood status before committing personal cash. We confirm the deposit is refundable through the TREC option period and wire $12,000 to the title company within 24 hours. Under Option B, the wholesaler pays $1,200 once. The contract is locked, the wholesaler runs due diligence and gets insurance quotes, and either assigns before the option expires or terminates with the deposit refunded.
Apply
Submit your contract and title company contact online — usually under 10 minutes. Same-day wires are available for complete files in before 11 AM Eastern. We coordinate directly with your title company.
Frequently Asked Questions
How does EMD funding work with a TREC option period on a Corpus Christi contract? +
The TREC residential contract gives you a negotiated option period to terminate while keeping earnest money refundable, and funded EMD fits right in. We wire your earnest money — $5,000 to $25,000 — to the Corpus Christi title company within 24 hours. As long as your contract keeps the deposit refundable through the option or due-diligence window, you are protected if you terminate. We do not give legal advice, so confirm your specific option and EMD language with your title company before signing the contract.
Why is the option period especially important on coastal Corpus Christi deals? +
Because windstorm and flood exposure can change a deal's math fast. A funded, refundable deposit lets you lock up a Flour Bluff or bay-area property within 24 hours, then use the TREC option period to confirm windstorm coverage availability, premiums, and any elevation or flood-zone issues before you commit. If the insurance picture sinks the numbers, you terminate inside the option window and the deposit is refunded. Negotiate enough days to get real quotes, and confirm your refundable terms with your title company.
What does funded EMD cost on a Corpus Christi deal? +
Two options. Under Option A you pay 5% of the deposit upfront (minimum $500) plus 20% at closing, which suits high close-through rates. Under Option B — the most popular — you pay a flat 10% once (minimum $1,000) with nothing at closing, so a $12,000 deposit costs $1,200 total. With Corpus Christi medians around $270,000, sellers usually expect earnest money in the lower-to-middle of our $5,000 to $25,000 range. Confirm the deposit amount and refundable terms with your title company.
Apply for EMD Funding in Corpus Christi, TX
Submit your application online — same-day decisions for complete files before 2 PM Eastern.