EMD Funding in Madison, WI | Swift Deal Funding
EMD Funding in Madison, WI
EMD funding covers the earnest money deposit on a Madison purchase contract — typically $5,000–$25,000 — so you can lock up a property without committing your own cash. We wire the deposit directly to the title company handling the deal, usually within 24 hours of a complete file. The deposit must be refundable under the contract’s inspection or due-diligence terms.
Madison is a stable, higher-priced, fast-moving market (median ~$400K) where university and state-government demand keeps good near-east deals in Tenney-Lapham and Schenk-Atwood from sitting long. Speed matters — getting under contract before another investor — so keeping working capital free is an edge. Two local notes: offers run on Wisconsin’s standard WB-11 form, whose contingencies preserve a refundable EMD; and Wisconsin’s marital-property law means a married seller’s spouse will likely need to sign the deed at the eventual closing, so flag that early. EMD funding lets you go under contract fast while you finish diligence.
How EMD funding works in Madison
Wisconsin is a wet-funding state, and closings — along with the earnest money held against them — run through title companies. The refundable deposit sits in the title company’s escrow account. We wire within ~24 hours of complete docs and the title company’s written confirmation that the deposit is refundable per the WB-11 contract. Make sure the contract’s contingencies keep the EMD refundable while you complete diligence, and — since Wisconsin is a marital-property state — confirm a married seller’s spouse will sign the deed at closing. Verify details with your title company.
Pricing
Two options on every EMD, no credit check required:
| 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 $10,000 Madison EMD under Option B costs $1,000 total (10% of the EMD), paid once, nothing due at closing.
What you’ll need
- Fully executed WB-11 purchase contract with refundable EMD language
- The Madison title company’s contact information
- Written confirmation from that title company that the EMD is refundable per the contract
- Your identification
No credit check, no income verification, no tax returns.
A typical Madison EMD scenario
You’re tying up a near-east home in Schenk-Atwood, and the seller wants a $10,000 earnest money deposit. You want time to inspect and confirm comps before you’re fully committed, and you note the seller is married, so the spouse will need to sign the deed at closing. Rather than park your own $10,000 during diligence, you have us fund the refundable EMD to the title company’s escrow account within 24 hours, with the WB-11 contingencies preserving a refundable path while you finish your review. Under Option B, your cost is $1,000, and your capital stays free for the next deal.
Apply
Submit your contract and the title company’s contact online — under 10 minutes. Same-day wires are possible for complete files before 11 AM Eastern.
Frequently Asked Questions
Who holds earnest money on a Madison deal? +
Wisconsin closes through title companies, so the refundable earnest money is generally held in the title company's escrow account. We wire the deposit directly to that Madison title office once we have written confirmation it's refundable under the contract. Funding moves within 24 hours of a complete file, which helps in Madison's competitive, fast-moving market where good near-east deals don't sit long. If your seller is married, confirm early that the spouse will sign the deed at closing.
Does the Wisconsin WB-11 form matter for EMD funding in Madison? +
Yes — the WB-11 Residential Offer to Purchase is the standard Wisconsin contract, and its earnest money and contingency provisions are what keep the deposit refundable. We fund only refundable earnest money, so make sure the WB-11's inspection or due-diligence terms preserve a refundable path while you complete diligence. Your Madison title company should confirm refundability in writing before we wire. Note that Wisconsin's marital-property rules can require a spousal signature at the eventual closing.
How fast can earnest money be funded for a Madison offer? +
Usually within 24 hours of a complete application and the title company's confirmation. In a stable, competitive market where deals move quickly, that speed lets you tie up a Tenney-Lapham or Schenk-Atwood property before another investor without committing your own cash. Same-day wires are possible before 11 AM Eastern, and we never check credit, income, or tax returns. Wisconsin requires no wholesaler license, though its marital-property rules apply at closing.
Apply for EMD Funding in Madison, WI
Submit your application online — same-day decisions for complete files before 2 PM Eastern.