trying to purchase home and not working. but will be returning anyday now back to work. due to coronavirus. But receiving unemployment benefits every week.. My question is, thought I would be back to work before loan was complete. but Iam not and loan in final stages. put dowm deposit and want to know will my deposit be return to me if loan is denied. Also have enough income save to carry me at least a year if not working to cover mortgage payments every month and Iam self employed. by wiz4580169 from , California. Jun 25th 2020
Unfortunately, if you are not 'working' the loan will be denied... If you could just get back there for a few days before closing, you would probably be OK. As for earnest money refund, it is all about how your purchase agreement was written up.
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