Review the finance section of your contract. Sale and purchase contracts have dates for obtaining an approval of the loan. Seek the advise of your Realtor or the closing title company or lawyer. You may or may not be able to get your escrow deposit back. It all depends on your contract.
Debbie Beichel Albert
Coldwell Banker Residential
Is there a reason that you cannot get an FHA loan? FHA allows for 97% financing. Please contact me and I will be happy to try and help you. I am a direct lender, specializing in FHA financing since 1992.
Have a good day.
United Mortgage Corp