Profile picture for BoulderHomeHunter

Closing cost of an FHA loan

I am closing a FHA loan for 275K ( House price 285K) . How much closing fee should I expect ?.
  • July 06 2009 - Louisville
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Answers (2)

Contact the Lender that is providing the Loan.

They will provide a Good Faith Estimate that shows an Itemized list of Costs required from you.

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Best wishes to you,
   Fred
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Zeke Real Estate, LLC
  • July 06 2009
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Profile picture for Ken Kopper
BoulderHomeHunter, that really is an incomplete question..

How much in closing fees should you expect to...Pay? Incur? FHA allows for up to 6% in seller concessions towards buyers closing costs so you can deflinitely attempt to negotiate the seller to offset a portion with credit or pay the closing costs. Depending on escrow reserves and recordation taxes, closing costs should normally fall in the range of 3-4% of the purchase price.
  • July 06 2009
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