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Updated almost 6 years ago on .

Matthew Miller's profile image
Matthew Miller's profile image
Matthew Miller
  • Rental Property Investor
  • from New Haven, CT
  • Member since Mar 3, 2019
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User Stats

9
Posts
2
Votes
Matthew Miller's profile image
Matthew Miller's profile image
Matthew Miller
  • Rental Property Investor
  • from New Haven, CT
  • Member since Mar 3, 2019
Connect
Matthew Miller
  • Rental Property Investor
  • New Haven, CT
2
Votes |
9
Posts
Starting Out

203k closing costs very high

Matthew Miller
  • Rental Property Investor
  • New Haven, CT
Posted

Two family house in Connecticut. $150,000 purchase price with $5,000 back toward closing costs. $5600 a year for property taxes. FHA 203k loan. My lender sent me the estimated closing costs and they are $18,000, which does not include the 3.5% down payment. That seems really high. Thoughts?

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