EMD Funding in Florida | Swift Deal Funding
How EMD Funding works in Florida
EMD funding covers the earnest money deposit on your contract — typically $5,000 to $25,000 — so you can lock up a Florida property without pulling from your own working capital. We send the deposit directly to the title company holding the contract, usually within 24 hours of a complete application and title confirmation. The EMD must be refundable under the contract’s inspection or due-diligence terms.
Florida is the busiest wholesale market in the country, and it’s a cash-buyer arena. Miami, Tampa, Orlando and Jacksonville move fast, and a serious earnest money deposit is often what separates an accepted offer from an ignored one. With a statewide median around $404,000–$420,000, funded EMDs let active wholesalers keep multiple deals in play without draining capital.
How EMD Funding closes in Florida
Florida is a wet-funding state and a title-company closing state, so the path is direct: we wire your deposit to a licensed Florida title company or title agent that holds it in escrow under the contract terms. There’s no attorney-only closing requirement like you’d find in Georgia or Connecticut. Wholesaling is permitted statewide as long as you disclose your equitable interest; Florida has no wholesaler-licensing statute. Confirm refundability and escrow handling with your title company before submitting.
Pricing
Two options on every EMD, regardless of state:
| 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 cost (most popular) |
Example for Florida: a $20,000 EMD under Option B costs $2,000 total, paid once, nothing at closing.
What you’ll need
- Fully executed purchase contract with refundable EMD language
- Title company contact information
- Written confirmation from title that the EMD is refundable per contract terms
- Borrower ID
No credit, income, or tax-return checks. Florida note: confirm your contract’s inspection period keeps the EMD refundable through your due-diligence window.
A typical Florida EMD scenario
A Miami wholesaler is competing against cash buyers on an off-market duplex and the seller wants a $20,000 earnest money deposit to take the contract seriously. We wire $20,000 to the title company within 24 hours, the contract goes hard, and the wholesaler assigns it to an investor buyer — without committing their own cash. Under Option B the cost is a flat $2,000, and the refundable deposit protects them if due diligence kills the deal.
Apply
Submit your contract and title company contact online — 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 does EMD funding reach a Florida title company? +
Florida is a wet-funding, title-company closing state, so we send your earnest money deposit directly to the licensed title company or title agent holding the contract — usually within 24 hours of a complete application and title confirmation. The EMD must be refundable under the contract's inspection or due-diligence terms. With Florida's deep bench of investor-friendly title companies in Miami, Tampa and Orlando, deposits land in escrow quickly.
Why do Florida wholesalers use EMD funding? +
Florida is the most competitive wholesale market in the country, and in Miami, Tampa, Orlando and Jacksonville you're often bidding against cash buyers. A credible earnest money deposit makes your offer stick, and EMD funding lets you put up $5,000 to $25,000 across multiple contracts at once without tying up the working capital you need for marketing and acquisitions.
How fast can you fund a Florida earnest money deposit? +
We send the EMD to your title company within about 24 hours of a complete application and written refundable confirmation, with same-day possible for files in before 11 AM Eastern. The application takes under 10 minutes — bring the executed contract with refundable EMD language, your title company contact, and ID.
Apply for EMD Funding in Florida
Submit your application online — same-day decisions for complete files before 2 PM Eastern.