Zillow Advice: Buying Process - FHA 203k Mortgage Closing Cost is too high? Need suggestions on neg. on some of these fees! http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ Zillow Advice | Zillow Real Estate Keep in mind that the Financed ... http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ Keep in mind that the Financed Funding fee is just that financed into the loan.&nbsp; Also the earnest money is not a closing cost.&nbsp; It is part of your down payment.&nbsp; Overall I would say the costs may be a touch low as I do not see any mention of attorney fees.&nbsp; The rate may also be a touch high. Mon, 26 Mar 2012 17:17:00 GMT http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ 2012-03-26T17:17:00Z My fees fees are on totallig ... http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ My fees fees are on totallig 13K as well. &nbsp;I'm frustrated and about to pull out. What should I do? Closing date is set for Oct 15, 2014 help! Sun, 31 Aug 2014 12:45:00 GMT http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ 2014-08-31T12:45:00Z If closing costs begin to ... http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ If closing costs begin to escalate, you may want to ask about rolling them into the note. You will need to make sure your down payment reflects this change. Either way, you're not going to be able to avoid them; each closing cost&nbsp; is necessary and gives you some layer of protection. I.E. surveys, lawyer, insurances Tue, 01 May 2012 15:56:00 GMT http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ 2012-05-01T15:56:00Z WIth any FHA loan, there ... http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ WIth any FHA loan, there is a Up Front Mortgage Insurance Premium.&nbsp; Typically that is financed into the loan.&nbsp; Yes if you can move the closing up a few days you could save yourself $700.&nbsp; Keep in mind though, your first payment would now be July 1.&nbsp;&nbsp; While rates have climbed a little bit since my last post on the subject, I can not imagine your rate being any higher than 4.25%. Sun, 01 Apr 2012 19:20:00 GMT http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ 2012-04-01T19:20:00Z Option :: &nbsp;The consultant ... http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ Option :: &nbsp;The consultant fee is optionally financed. You can reduce your required cash by paying the consultant "outside" of the loan closing costs.<br/><br/>Gary Smith<br/>203K Consultant &nbsp; Sun, 01 Apr 2012 11:35:00 GMT http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ 2012-04-01T11:35:00Z Financed Funding Fee?&nbsp; ... http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ Financed Funding Fee?&nbsp; What is that and who is that?&nbsp;Why do&nbsp; i have to pay $2000 for that.&nbsp; If the loan is lower than $200k, would they reduce that fee?<br/><br/>I am getting really upset with this.&nbsp; I guess they don't want my business.<br/>Thanks Joe... You're the best! Mon, 26 Mar 2012 20:27:00 GMT http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ 2012-03-26T20:27:00Z Oops.. Let me clarify here.&nbsp; ... http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ <p>Oops.. Let me clarify here.&nbsp; The loan does include the acquiring of the home &amp; land.<br/><br/>The prepaid expense was totally unexpected but I knew something was coming.&nbsp; One of the things in the prepaid that I am screaming about is the interest.&nbsp; My closing date is&nbsp;June 2.&nbsp; the LENDER&nbsp;said any time you close on a loan you pay the interest from the day you close until the end of the month.&nbsp; Should I move my closing day May 30?&nbsp; I could definitely save $700 dollars.<br/><br/>The attorney fee (sorry I left it out and it's included in the total above). $1200 (He is a bit expensive BUT HE IS really good and very knowledgable.<br/><br/>Anything else looks weird or could I ask the lender for help?<br/><br/>I know the seller is not going to budge.&nbsp; Or maybe he could come down $3k on the price?<br/><br/>Thank you All for taking the time to read this.&nbsp; You guys (and gals) are the best!!!!<br/><br/><br/><br/><br/></p> Mon, 26 Mar 2012 19:47:00 GMT http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ 2012-03-26T19:47:00Z Hello.&nbsp; You did not ... http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ Hello.&nbsp; You did not mention the cost of renovation.&nbsp; If it is &lt; $35,000 you can avoid some of these charges.&nbsp; let me know what the sales price is and the renovation cost. Mon, 26 Mar 2012 15:26:00 GMT http://www.zillow.com/advice-thread/FHA-203k-Mortgage-Closing-Cost-is-too-high-Need-suggestions-on-neg-on-some-of-these-fees/436662/ 2012-03-26T15:26:00Z