Are you saying you are in contract right now, and you spent the money you had for down payment, but still have a the loan coming to the closing table! oh Boy! are you in trouble! The loan will collapse and with it come fees you owe for the rapture of that loan! So now we have the bank hitting you with fees, we have the title company passing you escrow overto the seller, since you were direct cause for contract breech! If you ever want to buy over rent, then you best stop spending the deposit money before closing!