EMD Funding in Tampa, FL | Swift Deal Funding
How EMD funding works in Tampa, FL
EMD funding covers your earnest money deposit — typically $5,000 to $25,000 — by wiring it directly to the Tampa 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.
In a fast-growing market where good deals draw multiple offers, a credible deposit posted quickly is a real edge. EMD funding lets you compete without tying up 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 $15,000 Tampa EMD under Option B costs $1,500 total, paid once, with nothing at closing.
What you’ll need
- Fully executed purchase contract with refundable EMD language
- Tampa 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. Tampa note: if the property is in a flood zone, your inspection period is when flood and insurance issues surface — keep the deposit refundable through that window.
A typical Tampa EMD scenario
A wholesaler gets a Ybor City fixer under contract but the seller wants a $12,000 deposit within 24 hours to hold it off market. The investor doesn’t want to lock up $12,000 of their own cash before securing an assignee. EMD funding wires $12,000 to the title company the next morning. Under Option B the cost is $1,200, paid once. The contract is secured, the inspection period keeps the deposit refundable, 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 Tampa 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 Tampa's fast-growing market, listings can attract multiple offers in a day, so getting funded earnest money to the closing agent quickly is often what locks the deal. We wire straight to your title company, not to you.
Is my deposit refundable if the Tampa property floods or fails inspection? +
Only if your contract keeps it refundable. The FAR/BAR inspection period lets a buyer cancel and recover the deposit during due diligence — which is when flood-zone status, elevation and insurance cost typically surface in Tampa. We require written confirmation from title that the EMD is refundable per your contract terms before funding, so the inspection and financing contingencies need to be in place on your end.
Why do Tampa wholesalers use EMD funding? +
To tie up properties quickly without draining capital. In a competitive growth market, sellers want a credible deposit, and EMD funding lets you post $10,000-$25,000 on a deal while keeping your own cash free for the next one. You fund only the deposit, not the purchase, and the funded amount sits in escrow at your title company.
Apply for EMD Funding in Tampa, FL
Submit your application online — same-day decisions for complete files before 2 PM Eastern.