I paid an Earnest Money Deposit (EMD) on a home purchase to an escrow account setup by real estate agents and later paid the full down payment amount to the title insurance company.
If underwriting of my mortgage does not work out however, would I get the EMD back?
This isn't the case at the moment, but I received a long list of demands from the underwriters after making the down payment and I'm not sure if they can all be satisfied, thus I'd just like to know what would happen in this scenario.
In case it matters, the state is Maryland.