EMD Funding in Seattle, WA | Swift Deal Funding
How EMD Funding Works in Seattle, WA
EMD funding covers the earnest money deposit on your Seattle contract — typically $5,000 to $25,000 in this market — wired directly to your Washington escrow company, usually within 24 hours of a complete file. The deposit must be refundable under the inspection or due-diligence terms of the contract. You lock up the property without committing your own cash before you’ve found an end buyer or finished your numbers.
Seattle is a high-cost tech market with a median around $870,000. Inventory turns over on value-add homes in Rainier Valley, Beacon Hill, and White Center, where flippers and landlords stay active. Sellers here often expect a substantial deposit, so keeping your own capital free across several live contracts is what lets a wholesaler scale.
How it closes in Seattle (escrow-company state)
Washington closings run through an escrow company, which holds the earnest money. We wire the deposit straight to your Seattle escrow company once we have written confirmation it’s refundable per the contract’s inspection period. Washington is also a dry-funding state — sale proceeds disburse only after King County recording — but that affects the final close, not the deposit. Cancel within the inspection window and the deposit returns to the escrow company and back to us, documented and clean.
Pricing
Two fixed 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) |
A typical $15,000 Seattle EMD under Option B costs $1,500 total — paid once, nothing at closing.
What you’ll need
- Executed purchase contract with refundable EMD language
- Seattle escrow company contact information
- Written confirmation from escrow that the EMD is refundable per the contract
- Your ID
No credit check, income verification, or tax returns; no Washington wholesaler license required — disclose your equitable interest.
A typical Seattle EMD scenario
You go under contract on a value-add home in White Center and the seller wants a $15,000 earnest money deposit. Rather than wire your own cash, you submit the contract and your escrow company’s details. Within 24 hours we wire $15,000 to your Seattle escrow company. Your inspection period protects the deposit while you assign the contract to a flipper. Under Option B your cost is a flat $1,500, and your capital stayed free for the next Rainier Valley deal.
Apply
Submit your contract and escrow company contact online — under 10 minutes. Same-day wire is possible for complete files in before 11 AM Eastern. We coordinate directly with your Seattle escrow company.
Frequently Asked Questions
Where does earnest money go on a Seattle deal? +
Washington closings run through escrow companies, so your earnest money is held by the escrow office handling the deal, not an attorney. We wire the deposit — usually $5,000 to $25,000 in this market — directly to your Seattle escrow company within 24 hours of a complete file and written confirmation the EMD is refundable. The deposit holds your contract while you finish due diligence or line up an end buyer in Rainier Valley, Beacon Hill, or White Center. On pricier Seattle homes, sellers often expect a deposit at the top of that range.
Does Washington's dry-funding rule affect EMD funding in Seattle? +
Not for the deposit itself. Dry-funding governs when sale proceeds disburse at closing — after King County recording — but earnest money is simply held against your contract during the inspection period. What matters for EMD funding is that the deposit is refundable under your contract's due-diligence terms and the escrow company confirms it in writing. If you cancel within that window, the deposit returns from the Seattle escrow company back to us, with none of your own capital exposed.
Why do Seattle wholesalers use EMD funding? +
Seattle's median is around $870,000 and sellers in a competitive market often want a strong earnest deposit to take a contract seriously. EMD funding lets you put up a credible deposit on each deal without spending your own funds, and because a Washington escrow company holds the money, it's clean and documented. You pay a fixed per-deal cost and stay liquid to chase the next Beacon Hill or White Center opportunity instead of locking capital into deposits.
Apply for EMD Funding in Seattle, WA
Submit your application online — same-day decisions for complete files before 2 PM Eastern.