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Updated over 5 years ago on . Most recent reply

User Stats

19
Posts
3
Votes
Blake McFarlane
  • Rental Property Investor
  • St. Louis, MO
3
Votes |
19
Posts

What kind of fees to expect with FHA loan?

Blake McFarlane
  • Rental Property Investor
  • St. Louis, MO
Posted

Hi there, so I know with an FHA loan, 3.5% is required for a down payment. Now I'm not entirely sure what kind of fees to expect. Let's use a home valued at $100,000 for an example. Now let's say I had that $3,500 ready to put down. How much would I end up needing all together for closing costs, other fees. Etc. I'm 20 and plan on buying my first multi family next spring 😁

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