Financing in 33328>Question Details

Dylan Fezza, Renter in Hollywood, FL

Does the $5000 "gift" towards a FHA Loan include the closing costs, inspections, and upfront Mortgage insurance?

Asked by Dylan Fezza, Hollywood, FL Thu Mar 29, 2012

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4
FHA requirements have changed. Please contact a qualified lender to discuss your individual situation.

Good luck,
Stefanie Cohen, PA, ABR, SFR
Prudential Florida Realty
Scohen77@aol.com
0 votes Thank Flag Link Thu Mar 29, 2012
A gift can be used for both. There are some restrictions. For more info, call me at 954-805-8392

Les Stein
Broker
0 votes Thank Flag Link Thu Mar 29, 2012
Everyone's financial situation is different. Speak to your lender for specifics.
0 votes Thank Flag Link Thu Mar 29, 2012
Are you asking if that will cover all of your out of pocket costs?
0 votes Thank Flag Link Thu Mar 29, 2012
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