Financing in 90221 : Advice

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Kyle Groves, Real Estate Pro in 95864
Kyle Groves answered:
The seller is paying 3% for closing cost of my 205,000 offer for a 190,000 home. I'm giving 3.5 down, so how much will I finance
For FHA loans, as long as the home appraises at your purchase price, you will finance 96.5% of the purchase price, in this case $197,825, and you will also add the Up front Mortgage Ins ... more
0 votes Share Flag Tue Oct 6, 2009 Financing in Compton
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