EMD Funding in Cincinnati, OH | Swift Deal Funding
How EMD Funding Works in Cincinnati, OH
EMD funding wires your earnest money deposit — typically $5,000 to $25,000 — directly to the Cincinnati title company or closing attorney handling your deal, 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, available in all 50 states. The deposit must be refundable under your contract’s inspection or due-diligence terms.
For Cincinnati wholesalers, EMD funding is about volume. With a citywide median near $250K and steady investor competition across Over-the-Rhine, Price Hill, and Walnut Hills, the constraint isn’t finding deals — it’s having earnest money free for all of them at once.
How EMD Closes in Cincinnati
Ohio is a title/escrow, wet-funding state with no attorney mandate, so your Hamilton County title company holds the EMD in escrow. We wire the deposit in, your closer confirms in writing that it’s refundable per contract terms, and the money sits in escrow until closing or release. At closing, the EMD applies toward your purchase or assignment as the contract directs.
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 $10,000 EMD under Option B costs $1,000 total — paid once, nothing at closing.
What You’ll Need
- Executed purchase contract with refundable EMD language
- Cincinnati title company / closing attorney contact
- Written confirmation from title that the EMD is refundable
- Your ID
No credit check, no income verification, no tax returns.
A Typical Cincinnati EMD Scenario
A wholesaler ties up a vacant single in Westwood with a $7,500 earnest money deposit and a 10-day inspection contingency. Rather than wire personal cash, they use Option B EMD funding: we send $7,500 to their title company within 24 hours for a flat $1,000 fee. The investor keeps their capital free to put a second contract on a Walnut Hills duplex the same week. If the Westwood inspection kills the deal, the refundable EMD comes back.
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 quickly can you get earnest money to a Cincinnati title company? +
Typically within 24 hours of a complete application and title confirmation. We wire the earnest money — usually $5,000 to $25,000 — directly to the Hamilton County title company or closing attorney named in your contract. Same-day is possible for complete files in before 11 AM Eastern. Because Ohio is a title/escrow state, your closer holds the EMD in escrow under the contract's terms, and we coordinate the wire directly with them.
Does the EMD need to be refundable to use Echo's EMD funding in Cincinnati? +
Yes. We only fund earnest money that is refundable under the contract's inspection or due-diligence terms, and we require written confirmation from your title company to that effect. In Cincinnati's older distressed and vacant inventory — Price Hill, parts of Westwood — an inspection contingency is standard practice anyway. The refundable structure protects both you and us if the deal falls through during due diligence.
Why use EMD funding instead of my own cash in Cincinnati? +
Cincinnati's affordable price points mean active investors run several contracts at once, and tying up $10K–$20K per deal in earnest money limits how many you can lock. EMD funding keeps your working capital free to chase the next OTR or Walnut Hills opportunity while still letting you compete with cash offers. You pay a flat per-deal fee instead of stranding your own money in escrow for weeks.
Apply for EMD Funding in Cincinnati, OH
Submit your application online — same-day decisions for complete files before 2 PM Eastern.