Re: Question on FHA 203k loan...am i getting a bad deal??
[ Edited ]03-29-2012 10:46 AM - edited 03-29-2012 06:06 PM
** 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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Experian Direct PLUS scores: Experian 744/ Equifax 763/ TU 744
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