Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
Re: Will they report?

I just went through the process in may. if you don't back out of the deal, you don't lose your earnest money.

 


SarahElisabeth wrote:

Hmm...from what I'm reading, if you get denied for the loan after the mortgage contingency deadline, you lose your deposit, even if you previously had a mortgage commitment. Is this not true?

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