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Updated over 7 years ago on . Most recent reply

Matt Steele's profile image
Matt Steele's profile image
Matt Steele
  • Investor
  • from Danvers, MA
  • Member since Jan 28, 2017
Connect

User Stats

32
Posts
6
Votes
Matt Steele's profile image
Matt Steele's profile image
Matt Steele
  • Investor
  • from Danvers, MA
  • Member since Jan 28, 2017
Connect
Matt Steele
  • Investor
  • Danvers, MA
6
Votes |
32
Posts
Starting Out

Question about taking loan credits or not

Matt Steele
  • Investor
  • Danvers, MA
Posted
I am sure this has been brought up before. I am closing on my first property soon and I have the option of taking a half a percent increase. Which would put me at 4.25% in an FHA loan allowing me about 7500 for closing, which is just about what they are estimating I would need. I will be able to refinance out of the loan into a conventional by the end of the year if I choose to. Getting rid of the PMI. Any guidance on how to evaluate my options? Thanks a bunch, Matt
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