Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

Mortgage Refinancing & Closing Costs

Author Message
Icon Mini Profile smithsara302





Joined: 12 Jun 2009

Posts: 116

-2.38 Dollars($)
Post Posted: Wed Sep 09, 2009 9:27 am    Post subject: Mortgage Refinancing & Closing Costs
Like 0
Dislike 0

If you are refinancing a home, can you get the loan to include all closing costs? What if that amount is more than the appraisal of the home
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Wed Sep 09, 2009 9:40 am    Post subject:
Like 0
Dislike 0

Yes you can.
Icon Mini Profile JKennedySLG
JKennedySLG
Community Expert
Community Expert

best lender badge

Joined: 01 Apr 2009

Posts: 408
Location: New Jersey/New York
20.05 Dollars($)
Post Posted: Wed Sep 09, 2009 11:45 am    Post subject:
Like 0
Dislike 0

You can include all closing costs IF they will fit within the parameters of the loan program. If the closing costs cause the loan to exceed the homes value, there is a good chance it will not be allowed. I hope this helps...
_________________
James Kennedy
New York/New Jersey
(732)979-7409

Hard Money & Stated Income Loans
First Time Home Buyers (540+ Credit)
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.069 seconds.