Financial Information
If the government talk about raising the limit on FHA home loans this year?
Is it possible to contact an FHA loan 3% down and ask the seller for closing costs?
Is it possible to contact an FHA loan 3% down and ask the seller for closing costs?
FHA limits were raised just a couple of weeks ago.
Yes, you can ask the seller to pay closing costs & prepaid costs. You have to have 3% invested whick would be your down payment.