1. Down-payment for a conventional loan is 3.5%, which is $7,000. The down-payment on FHA loans could be anywhere between 3.50 to 25% of the sales price. The down-payment will be decided on your credit and how much money you have.
2. Closing Costs are generally around 2%, which is $4,000 The closing costs could be 0-5% of the sales price and are divided … (1 comments)
Fha Loan in Collin County in Texas, $200,00 home, how much do I need at closing?
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