Regular Contributor
Posts: 177
Registered: ‎12-16-2011
Re: Question on FHA 203k loan...am i getting a bad deal??
[ Edited ]

** Edited for accuracy**

I just recently got my GFE for my FHA loan. I am at 4.25% and was told that was the standard - regardless of credit score - for an FHA 203k 49/51 loan,  and my closing costs for $67k were around $10k - which is more than 3.5% of my loan. Your numbers seem right compared to mine.

 

 

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