Can you pay closing costs, when buying a home, with a credit card?

Home Forums Buying Your Home Can you pay closing costs, when buying a home, with a credit card?

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  • #34189

    admin
    Participant

    #149882

    admin
    Keymaster

    No, but you could take a cash advance on the credit card to help with the closing costs.

    I know you didn’t ask, but I have to also add that if one needs to pay closing costs with a credit card, one might want to think again about buying a house.

    #149883

    admin
    Keymaster

    Isabella,
    Thanks for the giggles.
    do u love debt ? closing costs at 20% not the sharpest choice. get 2nd job make the money.
    do visit daveramsey.com to learn ur hard lessons the easy way from others mistakes.

    #149884

    admin
    Keymaster

    If your lender thinks your income is high enough that you’ll be able to make both payments they might, no guarantees.
    Don’t do a cash advance, the interest rate is usually 20% or more. See if you can get them to add the cost of closing to the mortage

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