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Starting Out
HomeForumsStarting Out203 loan
Sebastian Naczas's profile image
Sebastian Naczas's profile image
Sebastian Naczas
  • Engineer
  • from Albany, New York
  • Member since Sep 18, 2014
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Sebastian Naczas's profile image
Sebastian Naczas's profile image
Sebastian Naczas
  • Engineer
  • from Albany, New York
  • Member since Sep 18, 2014
Connect
Sebastian Naczas
  • Engineer
  • Albany, NY
13
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41
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Starting Out

203 loan

Sebastian Naczas
  • Engineer
  • Albany, NY
Posted Jan 27 2015, 08:03

If I decide to do a loan with 203K and the house costs 100K and I need another 100K for fixing it ... do I pay 20% of the cost of the house (100K) or the total loan amount (200K)?

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