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Answers (5)

- wetdawgs
- Contributions:26833
@Suzanne:
Welcome to Zillow.
Gentle hint: look at the date of the original post. You add to your professional credibility by timely responses but not by digging up all posts from your area.
Welcome to Zillow.
Gentle hint: look at the date of the original post. You add to your professional credibility by timely responses but not by digging up all posts from your area.

- Suzanne Roberts, "Suzanne Roberts"
- Contributions:27
YES, this should be a contingency on your contract.

- Keith Manson, "Keith Manson"
- Contributions:86
If everything is out lined in the contract and all timelines were met and you worked in good faith and the seller has no right to cure if there are work items that have cause the denial. If the seller has the right to cure, the seller could fix. If it is because of your credit more than likley there is no way to close but it depends on your situation and if you did anything that created the issue after applying for the loan.

- joel lobb, "kentucky home loan"
- Contributions:21
Yes. If you dealt in good faith and your home financing was contigent on the loan approval and closing, you should get the money back. That is a question you may need to ask your agent.
A lot of times they will play hard-ball with your deposit. It all matters how it was written up in the contract.
Good Luck
A lot of times they will play hard-ball with your deposit. It all matters how it was written up in the contract.
Good Luck

- wetdawgs
- Contributions:26833
If one of the contingencies of the sales offer contract included a financing contingency, you should be able to get your earnest money back. Please talk with your agent and the sales agent about the steps and timing.
If an FHA loan is denied in KY, can you get your earnest money back?
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