EMD Funding in Washington | Swift Deal Funding
How EMD funding works in Washington
EMD funding puts up the earnest money so you can lock a Washington contract without spending your own cash. We wire $5,000 to $25,000 directly to the escrow company holding the deal, usually within 24 hours of a complete application. The deposit must be refundable under your contract’s inspection, financing, or feasibility contingencies — so if a deal dies inside those windows, the money returns to us through escrow.
In Washington’s tightest markets that’s a real advantage. Seattle and Eastside listings routinely draw competing offers and reward strong earnest money; EMD funding lets you match that without draining capital. In Spokane and Tacoma, where investors run higher deal volume on thinner spreads, it lets you keep several contracts alive at once and pick which to push to closing.
Pricing for EMD funding in Washington
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% | One predictable cost (most popular) |
A $20,000 EMD under Option B costs $2,000, paid once, nothing at closing.
What you’ll need for EMD funding in Washington
- Executed purchase contract with refundable EMD language
- Washington escrow company contact
- Written confirmation from that office that the deposit is refundable per your contract
- Your ID
No credit, income, or tax documents.
A typical Washington EMD scenario
A wholesaler finds an undervalued duplex in Everett and is up against a cash offer. The seller wants $15,000 earnest money. Instead of wiring personal funds, the wholesaler applies before 11 AM; we confirm the refundable feasibility contingency with the Snohomish County escrow company and wire $15,000 the same day. Under Option B, the flat cost is $1,500. The contract is locked, the wholesaler lines up an end buyer during due diligence, and their own cash stays free for the next deal.
Apply for EMD funding in Washington
Submit your contract and escrow company contact online — under ten minutes. Same-day wire for complete files in before 11 AM Eastern. We coordinate the deposit directly with your escrow office.
Frequently Asked Questions
Who holds my EMD on a Washington deal? +
We wire the earnest money directly to the licensed escrow company handling your Washington contract — not to you. Washington closes through escrow rather than attorneys, so that office is the neutral holder, and we need its contact plus written confirmation the deposit is refundable per your contingencies before we fund. The wire usually arrives within 24 hours of a complete file. Keeping the EMD in a regulated escrow account from the start is what listing agents in competitive Puget Sound markets expect.
Will my earnest money come back if a Washington deal dies? +
Yes, as long as your contract makes it refundable. We fund EMD on deals where the inspection, financing, or feasibility contingencies in your Washington purchase agreement let you recover the deposit if you cancel inside those windows. The refundable language has to be in the contract and your escrow company must confirm it in writing before we wire. Cancel within the contingency period and escrow returns the deposit to us. Confirm your exact contingency terms with your escrow officer.
How much earnest money will you fund for a Washington contract? +
We fund $5,000 to $25,000 per deal. In Seattle, Bellevue, and other high-priced Puget Sound markets, sellers often expect larger deposits, and the upper end of that range lets you put up a competitive offer against cash buyers. In Spokane and Tacoma, smaller deposits are common, so a portion of the range usually covers it. Same-day wires are available for complete files submitted before 11 AM Eastern.
Apply for EMD Funding in Washington
Submit your application online — same-day decisions for complete files before 2 PM Eastern.