EMD Funding in Fort Lauderdale, FL | Swift Deal Funding
How EMD funding works in Fort Lauderdale, FL
EMD funding covers your earnest money deposit — typically $5,000 to $25,000 — by wiring it directly to the Fort Lauderdale title company or closing attorney holding escrow, usually within 24 hours of a complete file. The deposit must be refundable under your contract’s inspection or due-diligence terms. You fund the deposit only, not the purchase.
Fort Lauderdale’s median near $600,000 and its wall of foreign and domestic cash buyers make a credible, fast deposit a real competitive tool. EMD funding lets you post one without draining working capital.
Pricing
Two 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) |
Example: a $20,000 Fort Lauderdale EMD under Option B costs $2,000 total, paid once, with nothing at closing.
What you’ll need
- Fully executed purchase contract with refundable EMD language
- Fort Lauderdale title company / closing attorney contact
- Written confirmation from title that the EMD is refundable per contract terms
- Borrower ID
No credit, income, or tax checks. Fort Lauderdale note: on condos use the association-docs and estoppel review window to keep the deposit refundable; on waterfront homes the inspection period covers flood and seawall diligence.
A typical Fort Lauderdale EMD scenario
A wholesaler ties up a waterfront 2/2 near Las Olas, but the seller wants a $20,000 deposit by end of day to beat a competing cash offer. The investor doesn’t want $20,000 locked in escrow before lining up an assignee. EMD funding wires $20,000 to the title company that afternoon. Under Option B the cost is $2,000, paid once. The contract is secured, the inspection period keeps the deposit refundable through flood and seawall review, and the wholesaler markets the assignment with capital intact.
Apply
Submit your contract and title company contact online — usually 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 fast can EMD reach a Fort Lauderdale title company? +
Usually within 24 hours of a complete file and written confirmation from title that the deposit is refundable — same-day for files in before 11 AM Eastern. In a high-priced market thick with foreign cash buyers, a credible deposit posted fast is often what wins the contract. We wire straight to your title company, not to you.
Is my deposit refundable on a Fort Lauderdale condo or waterfront deal? +
Only if your contract keeps it refundable. On a condo, the FAR/BAR condo rider gives a cancellation window after the association documents and estoppel are received — important post-Surfside. On waterfront homes, your inspection period is when flood, elevation and seawall issues surface. We require written confirmation from title that the EMD is refundable per your contract terms before funding, so those contingencies must be in place.
Why do Fort Lauderdale wholesalers use EMD funding? +
To lock up properties against all-cash and foreign buyers without committing their own capital. With the median near $600,000, sellers often want a meaningful deposit to take a contract seriously. EMD funding lets you post $10,000-$25,000 while keeping your cash free for the next deal — and you fund only the deposit, which sits in escrow at your title company.
Apply for EMD Funding in Fort Lauderdale, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.