EMD Funding Access
Lock up more deals without tying up your cash.
Earnest money is where volume goes to die. Every deal you lock up takes cash off the table, and the cash sitting in escrow on deal four is the reason you didn’t lock up deal five.
As an active subscriber in good standing, you can request that we arrange earnest money deposit funding for your transactions through third-party funding sources. We handle the packaging, coordination, and administration end to end.
What our team does:
- Introductions and facilitation. We contact funding sources, present the opportunity, and open the line so you and the funding source can talk directly.
- Request packaging. We take your transaction file — purchase contract, settlement statements, contingency dates, EMD amount — and assemble it into a funding-request package we send out on your behalf.
- Deal-file review. We review the file against funding sources’ general eligibility parameters, including escrow and title verification, counterparty verification, and contingency and refundability review.
- Escrow and title coordination. We coordinate with the title company or escrow agent on disbursement and return of the funds, and reconcile the return.
- Document administration. We prepare, circulate, collect, and administer the funding and security documentation the funding source requires.
- Monitoring and reporting. We administratively monitor the transaction’s milestones and report status until the funds are returned.