Cost to buy house

[waitingpatiently]

Can anyone help out with the original question?

[kev374]

isn’t FHA 3.5% down? and your credit score can even be not that good. am I missing something??

the only thing is that you have to fully document your income. I heard LTVs can be as high as 50% with FHA.

[kev374]

isn’t FHA 3.5% down? and your credit score can even be not that good. am I missing something??

the only thing is that you have to fully document your income. I heard LTVs can be as high as 50% with FHA.

[kev374]

isn’t FHA 3.5% down? and your credit score can even be not that good. am I missing something??

the only thing is that you have to fully document your income. I heard LTVs can be as high as 50% with FHA.

[kev374]

isn’t FHA 3.5% down? and your credit score can even be not that good. am I missing something??

the only thing is that you have to fully document your income. I heard LTVs can be as high as 50% with FHA.

[kev374]

isn’t FHA 3.5% down? and your credit score can even be not that good. am I missing something??

the only thing is that you have to fully document your income. I heard LTVs can be as high as 50% with FHA.

[waitingpatiently]

Thanks for your responses…I think I may have worded my question incorrectly.

What are the fees associated with a loan (closing costs, inspections, etc.)? Our credit scores are as close to prefect as possible and have enough cash for a considerable downpayment, so we won’t have a problem qualifiying. We just want to start narrowing what our actual downpayment will be.

Thanks,
WP

[waitingpatiently]

Thanks for your responses…I think I may have worded my question incorrectly.

What are the fees associated with a loan (closing costs, inspections, etc.)? Our credit scores are as close to prefect as possible and have enough cash for a considerable downpayment, so we won’t have a problem qualifiying. We just want to start narrowing what our actual downpayment will be.

Thanks,
WP

[waitingpatiently]

Thanks for your responses…I think I may have worded my question incorrectly.

What are the fees associated with a loan (closing costs, inspections, etc.)? Our credit scores are as close to prefect as possible and have enough cash for a considerable downpayment, so we won’t have a problem qualifiying. We just want to start narrowing what our actual downpayment will be.

Thanks,
WP

[waitingpatiently]

Thanks for your responses…I think I may have worded my question incorrectly.

What are the fees associated with a loan (closing costs, inspections, etc.)? Our credit scores are as close to prefect as possible and have enough cash for a considerable downpayment, so we won’t have a problem qualifiying. We just want to start narrowing what our actual downpayment will be.

Thanks,
WP

[waitingpatiently]

Thanks for your responses…I think I may have worded my question incorrectly.

What are the fees associated with a loan (closing costs, inspections, etc.)? Our credit scores are as close to prefect as possible and have enough cash for a considerable downpayment, so we won’t have a problem qualifiying. We just want to start narrowing what our actual downpayment will be.

Thanks,
WP

[Eugene]

I think it’s on the order of $5000. And you may have to show cash reserves for 6-12 months of payments.

Here’s what aimloan.com is showing for a 600k purchase

Purchase Price $600,000.00
AimLoan.com Fees
Guaranteed Lender Fee $1,995.00
Total AimLoan.com Fees $1,995.00

Third Party Fees
Guaranteed Appraisal Fee $300.00
Closing Agent Fee $1,050.00
Title Insurance $850.00
Recording Fee $65.00
Total Third Party Fees $2,265.00

Required Advances
Interest Due at Closing $1,150.00
Homeowner’s Insurance Premium $2,100.00
Insurance Escrow/Impound Deposit $700.00
Property Tax Escrow/Impound Deposit $2,000.00
Total Required Advances $5,950.00

Guaranteed Lender Rebate $0.00
Your New Loan Amount -$480,000.00
Estimated Cash Required at Closing $130,210.00

[Eugene]

I think it’s on the order of $5000. And you may have to show cash reserves for 6-12 months of payments.

Here’s what aimloan.com is showing for a 600k purchase

Purchase Price $600,000.00
AimLoan.com Fees
Guaranteed Lender Fee $1,995.00
Total AimLoan.com Fees $1,995.00

Third Party Fees
Guaranteed Appraisal Fee $300.00
Closing Agent Fee $1,050.00
Title Insurance $850.00
Recording Fee $65.00
Total Third Party Fees $2,265.00

Required Advances
Interest Due at Closing $1,150.00
Homeowner’s Insurance Premium $2,100.00
Insurance Escrow/Impound Deposit $700.00
Property Tax Escrow/Impound Deposit $2,000.00
Total Required Advances $5,950.00

Guaranteed Lender Rebate $0.00
Your New Loan Amount -$480,000.00
Estimated Cash Required at Closing $130,210.00

[Eugene]

I think it’s on the order of $5000. And you may have to show cash reserves for 6-12 months of payments.

Here’s what aimloan.com is showing for a 600k purchase

Purchase Price $600,000.00
AimLoan.com Fees
Guaranteed Lender Fee $1,995.00
Total AimLoan.com Fees $1,995.00

Third Party Fees
Guaranteed Appraisal Fee $300.00
Closing Agent Fee $1,050.00
Title Insurance $850.00
Recording Fee $65.00
Total Third Party Fees $2,265.00

Required Advances
Interest Due at Closing $1,150.00
Homeowner’s Insurance Premium $2,100.00
Insurance Escrow/Impound Deposit $700.00
Property Tax Escrow/Impound Deposit $2,000.00
Total Required Advances $5,950.00

Guaranteed Lender Rebate $0.00
Your New Loan Amount -$480,000.00
Estimated Cash Required at Closing $130,210.00

[Eugene]

I think it’s on the order of $5000. And you may have to show cash reserves for 6-12 months of payments.

Here’s what aimloan.com is showing for a 600k purchase

Purchase Price $600,000.00
AimLoan.com Fees
Guaranteed Lender Fee $1,995.00
Total AimLoan.com Fees $1,995.00

Third Party Fees
Guaranteed Appraisal Fee $300.00
Closing Agent Fee $1,050.00
Title Insurance $850.00
Recording Fee $65.00
Total Third Party Fees $2,265.00

Required Advances
Interest Due at Closing $1,150.00
Homeowner’s Insurance Premium $2,100.00
Insurance Escrow/Impound Deposit $700.00
Property Tax Escrow/Impound Deposit $2,000.00
Total Required Advances $5,950.00

Guaranteed Lender Rebate $0.00
Your New Loan Amount -$480,000.00
Estimated Cash Required at Closing $130,210.00

[Author]

Posts