Skip to content
Buying & Selling Real Estate

User Stats

3
Posts
0
Votes
Jeannie Nelson
0
Votes |
3
Posts

203K Closing Costs too high????

Jeannie Nelson
Posted May 30 2022, 04:28

First time home buyer here. Purchasing a home with a 203K and my closing costs are 35K???? Can anyone take a look at this. I’m in underwriting and this doesn’t feel quite right. I went through a broker and the lender gave us credit to nix the broker fee.

Seller isn’t helping with closing costs, but this still seems insane! Don’t have a realtor since I know the seller. Credit is about 690. Already paid the consultant $800 to come to the property. 

Loading replies...