EMD Funding in Savannah, GA | Swift Deal Funding
EMD Funding in Savannah, GA
EMD funding puts up the earnest money deposit on your Savannah 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 Savannah’s tourism-driven market where vacation-rental flips near the Historic District and SCAD-area rentals move fast. The deposit must be refundable under your contract’s inspection or due-diligence terms — useful protection on coastal lots where flood-zone issues can surface late.
How EMD funding works in Savannah
Because Georgia closings are attorney-conducted, your Savannah deposit usually sits in the closing attorney’s trust account (or a broker’s escrow), and that licensed attorney — not a title company alone — handles the eventual closing. Send us the executed contract with refundable EMD language, the escrow/attorney contact, written confirmation the deposit is refundable, and your ID; we wire within 24 hours, or same-day for complete files in before 11 AM Eastern. Close the deal and you’re done; if it dies in due diligence — including a late flood-zone finding — the refundable deposit comes back to us. Get the 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 $12,000 EMD under Option B costs $1,200 total — paid once, nothing at closing.
What you’ll need
- Executed purchase contract with refundable EMD language
- Savannah 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, and Savannah’s tidal-flooding and flood-zone exposure can stretch due diligence — make sure your refund window is wide enough to clear flood and inspection checks before the deposit goes hard.
A typical Savannah EMD scenario
You go under contract on a $320,000 home near the Historic District you plan to assign to a short-term-rental buyer. The seller wants a $12,000 deposit to take it off market. Under Option B, we wire $12,000 to escrow within 24 hours for a $1,200 fee. Your cash stays free for the next deal, and if a flood-zone or inspection issue 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 a Savannah deal? +
We wire the EMD to the escrow holding your Savannah 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 must 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 Savannah? +
We fund EMDs from $5,000 to $25,000, which covers most Savannah contracts — from a SCAD-area rental to a near-median $320K Historic District property where sellers often want a stronger deposit. 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. Choose based on how often your deals reach the closing table.
Why use EMD funding instead of my own cash in Savannah? +
Savannah's tourism-driven market moves quickly, and tying your own cash in escrow on several deals at once drains working capital. EMD funding lets you lock multiple properties — say a Historic District flip and a SCAD-area rental — while your cash stays free for marketing and acquisitions. Because the deposit is refundable per your contract, your downside is limited to our fee if the deal dies in due diligence, which matters on coastal lots where flood-zone surprises can surface during inspection. A Georgia attorney still conducts the eventual closing.
Apply for EMD Funding in Savannah, GA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.