Closing costs on $78k home???Everything I read says closing costs run about 3%. I had an offer accepted on a small home for $78,000 in Twin peaks, Ca. My problem is, between closing and prepaids I am paying over $12,000 out between my down, the sellers contribution and a grant.The GFE increased $1200 on the escrow papers from my original quote. Its an FHA loan and my credit score is only 660. Am I being ripped off by the lender?November 02 2013 - Twin Peaks00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.