YES, YOU ARE RIGHT, HE WILL NOT LOSE DEPOSIT IF HE DON'T GET THE MTG. THE CHECK IS GIVEN AT THE TIME OF SIGNING THE OFFER, BUT IN CONDITION OF MORTAGE APPROVAL AND HOME INSPECTION. IF THE BUYER COULDN'T GET THE MORTGAGE, THE CHECK WILL BE RETURNED TO THE BUYER, BUT ONLY IF THE CONDITION IS WRITTEN IN THE OFFER. ANY REASON BESIDES THE ABOVE TWO, HE WILL LOSE HIS DEPOSIT. CORRECT ME IF I'M WRONG