Closing costs with an FHA mortgage loan…?

Home Forums Mortgage Loan Closing costs with an FHA mortgage loan…?

This topic contains 2 replies, has 2 voices, and was last updated by  admin 3 years, 8 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #21380


    I was recently approved for a FHA mortgage loan of up to $ 100,000. I have a few homes picked out around the $ 80,000 mark. With the closing costs, i read/heard that you have 3 choices. 1-pay normal closing costs. 2-roll the costs in on the mortgage. 3-have the seller pay for the closing. What are my true options? I obviously would love not to have to shell out thousands towards closing if I have several choices. Please don’t try to explain the old 3% changed to 6% because i don’t understand it. Break it down, please. I am a first time home buyer if that helps at all.



    Here i s an excellent site with some wonderful options for you. It will definitely help you. Have a look.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

Review are closed.

About Satelec2003

We own a network of content-rich, proprietary websites focused on specific vertical categories, including mortgages, deposits, insurance, credit cards and other personal finance categories. Through this network, as well as co-branded web sites hosted by our network of 90+ online distribution partners, we provide the tools and information via a suite of products and services that can help consumers make better informed financial decisions.