EMD Funding in Miami, FL | Swift Deal Funding
How EMD funding works in Miami, FL
EMD funding covers your earnest money deposit — typically $5,000 to $25,000 — by wiring it directly to the Miami title company or closing attorney holding escrow, usually within 24 hours of a complete file. The deposit must be refundable under your contract’s inspection or due-diligence terms. You’re funding the deposit only, not the purchase, so a small outlay lets you tie up a property fast.
Miami’s median near $580,000 and its wall of cash buyers make a credible deposit a real competitive tool. EMD funding lets you post one without draining working capital.
Pricing
Two options on every EMD:
| 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) |
Example: a $20,000 Miami EMD under Option B costs $2,000 total, paid once, with nothing at closing.
What you’ll need
- Fully executed purchase contract with refundable EMD language
- Miami title company / closing attorney contact
- Written confirmation from title that the EMD is refundable per contract terms
- Borrower ID
No credit, income, or tax checks. Miami note: on condos, make sure your contract’s association-docs and estoppel review window keeps the deposit refundable — Florida’s condo rider drives that.
A typical Miami EMD scenario
A wholesaler lands a verbal yes on a 3/1 in Little Havana but the seller wants a $15,000 deposit by end of day to beat two other offers. The investor doesn’t want $15,000 sitting in escrow while they line up an end buyer. EMD funding wires $15,000 to the title company that afternoon. Under Option B the cost is $1,500, paid once. The contract is secured, the inspection period keeps the deposit refundable, and the wholesaler markets the assignment with no capital tied up.
Apply
Submit your contract and title company contact online — usually under 10 minutes. Same-day wire is possible for complete files before 11 AM Eastern. We coordinate directly with your title company.
Frequently Asked Questions
How fast can you get EMD to a Miami title company? +
Usually within 24 hours of a complete application and written confirmation from title that the deposit is refundable. Same-day is possible for files in before 11 AM Eastern. In a market where cash buyers move on Miami listings within hours, getting funded earnest money to the closing agent quickly is often what wins the contract — we wire straight to your title company, not to you.
Is my EMD refundable on a Miami condo deal? +
Only if your contract makes it refundable — and on Florida condos that hinges on the statutory condo association documents review and inspection periods. The FAR/BAR contract's condo rider gives the buyer a cancellation window after receiving the association docs and estoppel. We require written confirmation from title that the deposit is refundable per those contract terms before funding, so the structure has to be right on your end first.
Why do Miami wholesalers use EMD funding? +
To lock up a property before committing their own cash, especially against all-cash competitors. With Miami's median near $580,000, sellers often want a meaningful deposit to take a contract seriously. EMD funding lets you post a credible $10,000-$25,000 deposit while keeping your capital free for the next deal — and you only fund the deposit, not the purchase.
Apply for EMD Funding in Miami, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.