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help with HUD 1 statment.

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ReBuild-OH17
New Contributor

help with HUD 1 statment.

ON line 303. Cash from borrower it has $2,554.25. Is this all I need to bring to closing, does this include my 3.5% FHA down payment or is this in addition to it? I'm so confused.

 

thanks.

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1 REPLY 1
StartingOver10
Moderator Emerita

Re: help with HUD 1 statment.


@tasharn wrote:

ON line 303. Cash from borrower it has $2,554.25. Is this all I need to bring to closing, does this include my 3.5% FHA down payment or is this in addition to it? I'm so confused.

 

thanks.


Yes. That is all the cash you have to bring if your final HUD1 says that figure on line 303.  If you have a preliminary HUD 1, then you need to wait until you get the final HUD. 

Message 2 of 2
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