Member
dreamingofanewhome
Posts: 8
Registered: ‎03-10-2012
Re: Question on FHA 203k loan...am i getting a bad deal??

I don't have my GFE yet...just so I am clear, it is normal for that to be 3.5% in addition to the 3.5% down payment amount??  My understanding is that the rate on the 203k loan is typically higher than standard FHA...thanks for all of your help!!