EMD Funding in Columbus, OH | Swift Deal Funding
How EMD Funding Works in Columbus, OH
EMD funding wires your earnest money deposit — typically $5,000 to $25,000 — directly to the Columbus title company or closing attorney named in your contract, usually within 24 hours of a complete application and title confirmation. Swift Deal Funding is a direct lender: no credit check, no income verification, no tax returns, all 50 states. The deposit must be refundable under your contract’s due-diligence terms.
In Columbus, the challenge is competition, not affordability. As Ohio’s fastest-growing market — turbocharged by Intel and in-migration — good deals draw multiple offers, and sellers prefer offers backed by a funded deposit. EMD funding lets you lock properties in Linden, Hilltop, and Franklinton fast while keeping your own capital deployed across a busy pipeline.
How EMD Closes in Columbus
Ohio is a title/escrow, wet-funding state with no attorney mandate, so your Franklin County title company holds the EMD in escrow. We wire the deposit in, your closer confirms in writing it’s refundable per contract terms, and it sits in escrow until closing or release. At closing, the EMD applies toward your purchase or assignment.
Pricing
Two options on every EMD:
| Option | Upfront | At Close | Best For |
|---|---|---|---|
| A | 5% of EMD (min $500) | 20% of EMD | High close-through volume |
| B | 10% of EMD (min $1,000) | 0% | Predictable per-deal cost (most popular) |
A $15,000 EMD under Option B costs $1,500 total — paid once, nothing at closing.
What You’ll Need
- Executed purchase contract with refundable EMD language
- Columbus title company / closing attorney contact
- Written confirmation from title that the EMD is refundable
- Your ID
A Typical Columbus EMD Scenario
A wholesaler spots a value-add small multifamily in the gentrifying South Side and needs to beat two other offers. The seller wants a $15,000 earnest deposit to take it off the market. Rather than tie up personal cash in a fast-rising market, the wholesaler uses Option B EMD funding: we wire $15,000 to their Franklin County title company within 24 hours for a flat $1,500 fee. The deal is locked, and the investor’s capital stays free for the next Columbus opportunity.
Apply
Submit your contract and title contact online — under ten minutes. Same-day wire for complete files before 11 AM Eastern.
Frequently Asked Questions
How does EMD funding help in Columbus's competitive market? +
Columbus is Ohio's fastest-growing market, and the Intel-driven demand means good deals get multiple offers fast. Sellers favor offers backed by a real earnest deposit. EMD funding wires $5,000–$25,000 to your Franklin County title company within 24 hours — often same-day for files in before 11 AM Eastern — so you can lock a Franklinton or South Side property quickly without pulling your own cash off other deals you're chasing at the same time.
Are higher Columbus prices reflected in earnest money amounts? +
Often, yes. With a median near $280K, Columbus earnest deposits tend toward the higher end of our $5,000–$25,000 range, especially on larger flips and small commercial deals. The deposit must be refundable under your contract's inspection or due-diligence terms, and we require written confirmation from your title company. Funding a larger EMD keeps more of your capital free in a market where you may be juggling several higher-dollar contracts at once.
Does the EMD need to be refundable for Columbus deals? +
Yes. We fund only refundable earnest money and require your Franklin County title company to confirm in writing that the deposit is refundable per the contract's terms. Even in a fast market like Columbus, keep your inspection or due-diligence contingency in place — it protects both you and us if you exit before closing. The refundable structure means the deposit returns to us if the deal dies during due diligence.
Apply for EMD Funding in Columbus, OH
Submit your application online — same-day decisions for complete files before 2 PM Eastern.