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Updated almost 4 years ago,
Funky Loan Quote. First time rental property buyer.
I received a loan quote from a lender. On a $211k house. The estimated closing close came up to $18k on a 30 year FHA loan. This included Loan cost, taxes and other government fees, prepaids, initial escrow payment at closing. Why am I seeing that the average is 2.35%? How do you add these on your analysis?