Earnest Money Deposit (EMD) - a sum of money that a buyer pays to a seller to show their commitment to purchasing a home.


EMD Rates


30-days

$1.00 - $5,000.00 = $2,000 fee

$5,001 - $15,000 = $3,500 fee

$15,001 - $25,000 = $6,000 fee

$25,001 - $50,000 = $13,000 fee

$50,001 - $75,000 = $21,000 fee

$75,001 - $100,000 = $30,000 fee

$100,001 - $300,000 = Price varies

60-days

$1.00 - $5,000.00 = $4,000 fee

$5,001-$15,000 = $7,000 fee

$15,001-$25,000 = $12,000 fee

$25,001-$50,000 = $26,000 fee

$50,001-$75,000 = $42,000 fee

$75,001-$100,000 = $60,000 fee

$100,001-$300,000 = Price varies

90-days

$1.00 - $5,000.00 = $6,000 fee

$5,001-$15,000 = $10,500 fee

$15,001-$25,000 = $18,000 fee

$25,001-$50,000 = $39,000 fee

$50,001-$75,000 = $63,000 fee

$75,001-$100,000 = $90,000 fee

$100,001-$300,000 = Price varies

Double Close - a wholesaling strategy that involves two separate transactions on a home, often times both transactions are completed on the same day.

Double Close Rates 


1.5% for 24-hour transactional loan up to $500,000


1.75% for 24-hour transactional loans between

$500,000-$1,000,000


2% for 24-hour transactional loans between

$1,000,000-$1,500,000



1.5% for every additional day money

is held in escrow.

 

2.5% fee if there are two separate title

companies involved in the double close

Transactional lending over 1-million will be required to close with our attorney.

 

Artemis Dynamic Solutions only lends Earnest Money Deposits and funds Double Closes for single-family homes.

 

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