Can I be forced to take any non-FHA Loan from a builder so they can justify keeping a 5% deposit?Need advice!! my wife and I recentlyrecently 5% deposit on a condo. We were told the only way to get it back was if we weren't approved for the loan. The development is not FHA approved as well, so the loan needs to be a conventional loan. We were informed through email by the lender associate that our debt to income ratio needs to be lower (54%). We were told that to move forward we would need to get rid of debt. After discussing it, my wife and I decided not to move forward with buying the condo. When we informed the builder associate, we were told that they will talk to the lender and find a way. We stated that we already have and we've decided not to move forward. We were then told that we will lose the 12k+ we gave because they are sure they can get us approved "somehow". Is this legal??October 30 2013 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.