The VA allows lenders to charge a 1% origination fee, which covers costs involved with originating and processing a mortgage. Lenders can also skip the flat fee and ... more
The Closing costs can be negotiable.
This is fairly common.
FHA or Conventional. The initial 20% does NOT go towards down payment. You will have to make an additional payment of $20,000 in addition t ... more
Thanks for your inquiry about Brookwood Elementary School and homes that are zoned to that particular school. I am a former resident of Brookwood and have sold homes in both ... more
A property must appraise at or above the sales price. The down payment will affect the sales price but the seller concession will not. Appraisals are based on homes sold wit ... more