EMD Funding in Pittsburgh, PA | Swift Deal Funding
EMD Funding in Pittsburgh, PA
EMD funding puts the earnest money deposit on a Pittsburgh contract so you can lock up a property without tying up your own cash. Swift Deal Funding wires the deposit — generally $5,000 to $25,000 — straight to your title company or closing attorney, usually within 24 hours. With Pittsburgh sale prices near $240,000, a fast, firm deposit is often what wins a well-located Lawrenceville or Brookline listing over a slower buyer.
The deposit must be refundable under your contract’s inspection or due-diligence terms. No credit check, no income docs, no tax returns.
How EMD funding works in Pittsburgh
We send the deposit directly to the Pennsylvania title company or closing attorney handling the deal — never to you — after the title agent confirms in writing that the EMD is refundable under your contract. Pennsylvania is a wet-funding state and closings settle through title or an attorney, so the deposit sits where it belongs from day one.
The Pittsburgh caveat is the property itself. Much of the inventory is old and hillside — slate roofs, slope drainage, century-plus systems — so a meaningful inspection or due-diligence window is worth keeping in the contract you fund against. That protects both your deposit and our funds. If you intend to wholesale the property, note that Pennsylvania has tightened wholesaling rules statewide (the Philadelphia ordinance doesn’t apply here), which is separate from the deposit. Confirm specifics with a local Pennsylvania closing professional.
Pricing
Two options on every EMD:
| Option | Upfront | At Close |
|---|---|---|
| A | 5% of EMD (min $500) | 20% of EMD |
| B | 10% of EMD (min $1,000) | 0% (most popular) |
Example: a $12,000 EMD under Option B costs $1,200, paid once, with nothing at closing.
What you’ll need
- Executed purchase contract with refundable EMD language
- Title company or closing attorney contact
- Written confirmation from title that the EMD is refundable per contract
- Your ID
No credit, income, or tax verification.
A typical Pittsburgh EMD scenario
You find a hillside Brookline home listed at $215,000 and want to lock it before another investor does. The contract calls for an $8,000 deposit, refundable through a 10-day inspection window — sensible given the slope and the roof. You apply at 9 AM; we confirm refundable terms with the title company and wire $8,000 the same day. Under Option B you pay $800, and your own cash stays free for the next acquisition while you complete due diligence.
Apply
Submit your contract and title contact online — usually under 10 minutes. Same-day wire is possible for complete files before 11 AM Eastern. We coordinate directly with your Pennsylvania title company.
Frequently Asked Questions
How fast can you fund earnest money on a Pittsburgh deal? +
Usually within 24 hours of a complete file and title confirmation, and same-day for clean files submitted before 11 AM Eastern. We wire directly to your Pennsylvania title company or closing attorney, never to you. That speed lets you put a firm deposit on a Lawrenceville or Brookline property quickly, which matters when you're competing for limited well-located inventory in a market where prices run around $240,000.
Should I add an inspection contingency on an old Pittsburgh property? +
Strongly consider it. Pittsburgh's housing stock is old and often hillside — slate roofs, slope drainage, dated systems — so a real inspection or due-diligence window protects you. We require refundable EMD language and written confirmation from title before funding. If you cancel within that window, the deposit returns to us; if you waive contingencies and then walk, the deposit can be at risk. Confirm contingency terms with a Pennsylvania closing professional.
Is my earnest money refundable if a Pittsburgh deal falls apart? +
Only to the extent your contract makes it refundable, which is why we underwrite the contract language up front. We require refundable EMD terms and written title confirmation before we send funds. Cancel within your inspection or due-diligence window and the deposit returns to us per those terms. Breach the contract or miss a contingency deadline and it can be forfeited. Keep your timelines tight and confirm terms locally.
Apply for EMD Funding in Pittsburgh, PA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.