Last Updated:
Last Updated:
Apr 21, 2026
Apr 21, 2026
Refund Policy
Refund Policy
This Refund Policy explains when fees paid to Offer Ready Capital, LLC ("ORC") are refundable and under what
circumstances. Please read this policy carefully before submitting an application or making any payment. By
paying any fee to ORC, you acknowledge that you have read and agree to this policy.
This Refund Policy explains when fees paid to Offer Ready Capital, LLC ("ORC") are refundable and under what
circumstances. Please read this policy carefully before submitting an application or making any payment. By
paying any fee to ORC, you acknowledge that you have read and agree to this policy.
OVERVIEW OF ORC FEES
ORC charges two primary fees in connection with each EMD funding transaction
OVERVIEW OF ORC FEES
ORC charges two primary fees in connection with each EMD funding transaction
Fee Type
Fee Type
Application Fee — Tier 1
Application Fee — Tier 1
Application Fee — Tier 2
Application Fee — Tier 2
Application Fee — Tier 3
Application Fee — Tier 3
Application Fee — Tier 4
Application Fee — Tier 4
EMD Fee — Tiers 1 & 2
EMD Fee — Tiers 1 & 2
EMD Fee — Tier 3
EMD Fee — Tier 3
EMD Fee — Tier 4
EMD Fee — Tier 4
Extension Fee
Extension Fee
Amount
Amount
$1,500
$1,500
$2,500
$2,500
$3,500
$3,500
$5,000
$5,000
10% of EMD amount
10% of EMD amount
8% of EMD amount
8% of EMD amount
6% of EMD amount
6% of EMD amount
As agreed in writing
As agreed in writing
When Due
When Due
Due at application. EMD under $25,000.
Due at application. EMD under $25,000.
Due at application. EMD $25,000–$100,000.
Due at application. EMD $25,000–$100,000.
Due at application. EMD $100,001–$300,000.
Due at application. EMD $100,001–$300,000.
Due at application. EMD over $300,000.
Due at application. EMD over $300,000.
Due after approval, before wire.
Due after approval, before wire.
Due after approval, before wire.
Due after approval, before wire.
Due after approval, before wire.
Due after approval, before wire.
Due before extension is granted.
Due before extension is granted.
APPLICATION FEE — REFUND RULES
The application fee is a processing and review fee charged to cover ORC's cost of evaluating your deal, reviewing documentation, and conducting underwriting analysis. The refundability of the application fee depends on the outcome of ORC's review:
APPLICATION FEE — REFUND RULES
The application fee is a processing and review fee charged to cover ORC's cost of evaluating your deal, reviewing documentation, and conducting underwriting analysis. The refundability of the application fee depends on the outcome of ORC's review:
APPLICATION FEE IS REFUNDABLE IN ONE SCENARIO ONLY
ORC will refund the application fee in full ONLY if ORC declines your application after
completing its review. In this case, ORC will initiate a refund via the same payment method used
to remit the application fee (Zelle, ACH, or wire transfer) within 5–10 business days of the decline
notice, subject to any standard applicable processing fees.
APPLICATION FEE IS REFUNDABLE IN ONE SCENARIO ONLY
ORC will refund the application fee in full ONLY if ORC declines your application after
completing its review. In this case, ORC will initiate a refund via the same payment method used
to remit the application fee (Zelle, ACH, or wire transfer) within 5–10 business days of the decline
notice, subject to any standard applicable processing fees.
APPLICATION FEE IS NON-REFUNDABLE IN ALL OTHER CASES
Borrower withdraws or cancels the application after ORC approves it;
Borrower fails to complete required documentation (DocuSign) within the required timeframe;
Borrower fails to pay the EMD fee after deal approval;
The underlying purchase transaction falls through for any reason after ORC's approval;
Borrower changes the deal terms or property after approval;
Application is declined due to Borrower's misrepresentation or omission of material information;
Any other reason not specifically identified above as a refundable scenario.
APPLICATION FEE IS NON-REFUNDABLE IN ALL OTHER CASES
Borrower withdraws or cancels the application after ORC approves it;
Borrower fails to complete required documentation (DocuSign) within the required timeframe;
Borrower fails to pay the EMD fee after deal approval;
The underlying purchase transaction falls through for any reason after ORC's approval;
Borrower changes the deal terms or property after approval;
Application is declined due to Borrower's misrepresentation or omission of material information;
Any other reason not specifically identified above as a refundable scenario.
The application fee is EARNED by ORC upon approval and constitutes compensation for services rendered,
regardless of whether the transaction ultimately closes. Approval of your application represents a significant
expenditure of ORC's resources, time, and capital allocation.
The application fee is EARNED by ORC upon approval and constitutes compensation for services rendered,
regardless of whether the transaction ultimately closes. Approval of your application represents a significant
expenditure of ORC's resources, time, and capital allocation.
EMD FEE — REFUND RULES
The EMD fee is ORC's primary fee of compensation for funding the earnest money deposit. The EMD fee is
completely and unconditionally non-refundable under all circumstances once paid.
EMD FEE — REFUND RULES
The EMD fee is ORC's primary fee of compensation for funding the earnest money deposit. The EMD fee is
completely and unconditionally non-refundable under all circumstances once paid.
EMD FEE IS NON-REFUNDABLE — NO EXCEPTIONS
The EMD fee is non-refundable once paid, regardless of whether the transaction closes;
The EMD fee is non-refundable if the Borrower exits the deal during the due diligence period;
The EMD fee is non-refundable if the deposit is returned to ORC from escrow;
The EMD fee is non-refundable if the deal falls through for any reason;
The EMD fee is non-refundable if the Borrower defaults on the EMD Loan Agreement;
There are no exceptions to this rule. Do not submit payment if you are not prepared to proceed.
EMD FEE IS NON-REFUNDABLE — NO EXCEPTIONS
The EMD fee is non-refundable once paid, regardless of whether the transaction closes;
The EMD fee is non-refundable if the Borrower exits the deal during the due diligence period;
The EMD fee is non-refundable if the deposit is returned to ORC from escrow;
The EMD fee is non-refundable if the deal falls through for any reason;
The EMD fee is non-refundable if the Borrower defaults on the EMD Loan Agreement;
There are no exceptions to this rule. Do not submit payment if you are not prepared to proceed.
By paying the EMD fee, Borrower acknowledges that ORC has committed capital, resources, and coordination efforts to fund the transaction, and that ORC's fee is earned at the time of funding regardless of the transaction outcome.
By paying the EMD fee, Borrower acknowledges that ORC has committed capital, resources, and coordination efforts to fund the transaction, and that ORC's fee is earned at the time of funding regardless of the transaction outcome.
EXTENSION FEE — REFUND RULES
Extension fees paid to ORC in connection with an extension of the due diligence period are non-refundable under all circumstances once paid, including if the extension is subsequently cancelled by the Borrower or if the underlying transaction terminates after the extension is granted.
EARNEST MONEY DEPOSIT — RETURN DURING DUE DILIGENCE
The earnest money deposit funded by ORC is a SOFT deposit and is fully refundable to ORC (not to Borrower) during the due diligence period. When a Borrower elects to exit a transaction during the due diligence period:
The full EMD amount is returned from escrow directly to ORC;
Borrower's obligation to repay the EMD amount is released upon ORC's receipt of the returned funds;
Borrower remains responsible for all ORC fees paid (application fee and EMD fee), which are not refunded;
Borrower must notify ORC in writing at deals@offerreadycapital.com before directing the title company to release the deposit.
EXTENSION FEE — REFUND RULES
Extension fees paid to ORC in connection with an extension of the due diligence period are non-refundable under all circumstances once paid, including if the extension is subsequently cancelled by the Borrower or if the underlying transaction terminates after the extension is granted.
EARNEST MONEY DEPOSIT — RETURN DURING DUE DILIGENCE
The earnest money deposit funded by ORC is a SOFT deposit and is fully refundable to ORC (not to Borrower) during the due diligence period. When a Borrower elects to exit a transaction during the due diligence period:
The full EMD amount is returned from escrow directly to ORC;
Borrower's obligation to repay the EMD amount is released upon ORC's receipt of the returned funds;
Borrower remains responsible for all ORC fees paid (application fee and EMD fee), which are not refunded;
Borrower must notify ORC in writing at deals@offerreadycapital.com before directing the title company to release the deposit.
IMPORTANT DISTINCTION
The return of the EMD deposit to ORC is NOT a refund to the Borrower. The EMD was ORC's capital. Borrower receives no portion of the returned deposit. Borrower's only benefit from a DD exit is the release of the repayment obligation — not a return of fees.
IMPORTANT DISTINCTION
The return of the EMD deposit to ORC is NOT a refund to the Borrower. The EMD was ORC's capital. Borrower receives no portion of the returned deposit. Borrower's only benefit from a DD exit is the release of the repayment obligation — not a return of fees.
TITLE FEES — NOT COVERED BY THIS POLICY
ORC's Refund Policy applies only to fees paid directly to Offer Ready Capital, LLC. Fees charged by the title company or escrow agent — including the Preliminary Title Fee, escrow fees, and any other title-related charges — are assessed by our trusted title partner and are governed by the title company's own policies and agreements. ORC has no authority to refund or waive title company fees.
Borrower is solely responsible for all title-related fees in addition to ORC's fees. ORC's fee calculator on our website reflects ORC fees only and does not include title or escrow fees.
HOW REFUNDS ARE PROCESSED
In cases where a refund is due (i.e., ORC declines the application), ORC will process the refund as follows:
Refunds for payments made via ACH transfer will be returned via ACH to the originating bank account. Processing time: 3–5 business days after ORC initiates the refund, subject to any standard applicable processing fees.
Refunds for payments made via wire transfer will be returned via wire to the originating account. Borrower must provide wire return instructions. Processing time: 3–5 business days after wire instructions are confirmed, subject to any standard applicable processing fees.
Refunds for payments made via Zelle will be returned via Zelle to the originating account. Processing time: 1–3 business days, subject to any standard applicable processing fees.
ORC does not issue refund checks, prepaid cards, or any form of payment other than Zelle, ACH transfer, or wire transfer.
ORC will send written confirmation of any approved refund by email to the address on file for the application.
REFUND REQUESTS
To request a refund in cases where you believe a refund may be applicable, please contact ORC in writing within 30 days of the event giving rise to the request:
Email: intake@offerreadycapital.com
Subject Line: Refund Request — [Your Name] — [Deal Number]
Include in your request: your full name, deal number, the fee amount and payment date, and the reason you believe a refund is applicable. ORC will respond in writing within 5 business days.
DISPUTES
Any dispute regarding a refund that is not resolved through ORC's internal process shall be resolved by binding arbitration in accordance with the Dispute Resolution provisions of ORC's Terms of Use. You agree that any arbitration shall be conducted on an individual basis and not as a class action.
POLICY CHANGES
ORC reserves the right to modify this Refund Policy at any time. Changes are effective when posted at here The policy in effect at the time you pay a fee governs that payment.
CONTACT INFORMATION
Questions about these Terms should be directed to:
Offer Ready Capital, LLC
400 Renaissance Center, Suite 2600
Detroit, MI 48243
offerreadycapital.com | Open 24 Hours
TITLE FEES — NOT COVERED BY THIS POLICY
ORC's Refund Policy applies only to fees paid directly to Offer Ready Capital, LLC. Fees charged by the title company or escrow agent — including the Preliminary Title Fee, escrow fees, and any other title-related charges — are assessed by our trusted title partner and are governed by the title company's own policies and agreements. ORC has no authority to refund or waive title company fees.
Borrower is solely responsible for all title-related fees in addition to ORC's fees. ORC's fee calculator on our website reflects ORC fees only and does not include title or escrow fees.
HOW REFUNDS ARE PROCESSED
In cases where a refund is due (i.e., ORC declines the application), ORC will process the refund as follows:
Refunds for payments made via ACH transfer will be returned via ACH to the originating bank account. Processing time: 3–5 business days after ORC initiates the refund, subject to any standard applicable processing fees.
Refunds for payments made via wire transfer will be returned via wire to the originating account. Borrower must provide wire return instructions. Processing time: 3–5 business days after wire instructions are confirmed, subject to any standard applicable processing fees.
Refunds for payments made via Zelle will be returned via Zelle to the originating account. Processing time: 1–3 business days, subject to any standard applicable processing fees.
ORC does not issue refund checks, prepaid cards, or any form of payment other than Zelle, ACH transfer, or wire transfer.
ORC will send written confirmation of any approved refund by email to the address on file for the application.
REFUND REQUESTS
To request a refund in cases where you believe a refund may be applicable, please contact ORC in writing within 30 days of the event giving rise to the request:
Email: intake@offerreadycapital.com
Subject Line: Refund Request — [Your Name] — [Deal Number]
Include in your request: your full name, deal number, the fee amount and payment date, and the reason you believe a refund is applicable. ORC will respond in writing within 5 business days.
DISPUTES
Any dispute regarding a refund that is not resolved through ORC's internal process shall be resolved by binding arbitration in accordance with the Dispute Resolution provisions of ORC's Terms of Use. You agree that any arbitration shall be conducted on an individual basis and not as a class action.
POLICY CHANGES
ORC reserves the right to modify this Refund Policy at any time. Changes are effective when posted at here The policy in effect at the time you pay a fee governs that payment.
CONTACT INFORMATION
Questions about these Terms should be directed to:
Offer Ready Capital, LLC
400 Renaissance Center, Suite 2600
Detroit, MI 48243
offerreadycapital.com | Open 24 Hours