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  • FHA Acceptable Closing Costs

FHA has set limits on the closing costs. Their limits may be lower than your actual costs. The seller of a property can pay up to 6% of the purchase price for buyer closing costs, so this may be something you will have to negotiate when you purchase the home.

Appraisal Costs – $350.00

Credit Reports – Actual Costs

Customary” and “reasonable” costs to closing a mortgage

Origination Fee – 1% of the loan

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