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Updated almost 5 years ago,
Closing costs in Texas!
Hey Texas BP!
Just got pre-approved by my first lender and I have a question related to our closing costs.
I'm planning on purchasing a duplex for around 280,000 with $10,000 down using an FHA loan. After accounting for APR costs, non-apr costs, points, UFMIP, and prepaids our total cash to close is $19,828!
Is this normal for Texas or am I being taken for a ride?
Just got pre-approved by my first lender and I have a question related to our closing costs.
I'm planning on purchasing a duplex for around 280,000 with $10,000 down using an FHA loan. After accounting for APR costs, non-apr costs, points, UFMIP, and prepaids our total cash to close is $19,828!
Is this normal for Texas or am I being taken for a ride?