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Updated over 1 year ago on . Most recent reply

User Stats

42
Posts
14
Votes
Raj Konda
  • Investor
  • Thousand Oaks, CA
14
Votes |
42
Posts

higher closing costs for a construction to perm loan

Raj Konda
  • Investor
  • Thousand Oaks, CA
Posted

I m working on my first construction project. Current lender ( referred by builder) gave $12K cost in there disclosure estimates. I understand some costs - I can shop around but section A & B is almost $9K. This seems very high to me and want to check with the group on thoughts.

If you think of any efficient lender for const. loan in FL - please suggest

~$250 loan amount, single family, investment home

Most Popular Reply

User Stats

42
Posts
14
Votes
Raj Konda
  • Investor
  • Thousand Oaks, CA
14
Votes |
42
Posts
Raj Konda
  • Investor
  • Thousand Oaks, CA
Replied
Quote from @Dave Skow:

@Raj Konda- looks OK to me  ....Fyi -there arent many lenders with investment property  construction loans so there will not be many  other lenders to  be able to  use for this scenari- good luck

 Appreciate the response @Dave Skow

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