FHA Pre-Approval but Builder is pretty Firm…Looking for any ideas on how to make th

Tips and Deals Forums Home Mortgage FHA Pre-Approval but Builder is pretty Firm…Looking for any ideas on how to make th

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 5 years, 10 months ago.

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    Anonymous

    Hi All:
    *
    Its been a long road to get where I am at now and happy with the results. *
    *
    Looking to get advice here as the house we really really want is just a hair out of reach. *We have a preapproval for an FHA loan which is capped at $297k here in MI. *We offerred $300k with concessions and got a response of $315k no concessions. *We are absolutely stretching it especially since the builder is not willing to do anything with concessions. *We have about $15k down which would cover closing costs at $300k (3.5% down plus Closing costs). *Does anyone have any creative ideas that we might be able to try?
    *
    We are in MI.

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