Updated over 5 years ago on . Most recent reply
203k loan question for experienced users of it
So I am getting my first house hack using a FHA 203k limited. I am trying to keep some cash in my pocket so I asked my lender to wrap some of the fees into my loan. He tells me that I cant finance the fees and I should ask the seller for more on closing instead. I have heard many times that you CAN wrap some fees into the mortgage so whats the issue?