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Updated over 11 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Involved In Real Estate
  • from New York City, New York
  • Member since Dec 7, 2013
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Involved In Real Estate
  • from New York City, New York
  • Member since Dec 7, 2013
Connect
Account Closed
  • Involved In Real Estate
  • New York City, NY
2
Votes |
25
Posts
Private Lending & Conventional Mortgage Advice

Question About FHA 203K Streamlined & Home Path Loans

Account Closed
  • Involved In Real Estate
  • New York City, NY
Posted

New investor here learning as I go along !

RE: FHA 203K Streamlined & Home Path Renovation Loans:

1) Can a loan origination fee be rolled into mortgage payments? Or will this be an upfront cost in addition to the down payment?

2) What about the appraisal and inspections? Will these be upfront costs in addition to the down payment or can they be rolled into mortgage payments?

3) I know that Home Path does not require PMI. Outside of that, are there are any reasons to choose one type of loan over the other?

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