Fha 203K Loan Down Payment

FHA 203K Down Payment. For an fha 203k purchase, the down payment is calculated from the total of the following: The contract sale price you and the seller agreed to (+) the cost of improvements (+) the Costs & Fees related to the 203K Loan. Once you have this total you can then calculate it with the 3.5% to get your down payment.

The FHA 203k loan goes by various names-the renovation loan, the. However , they do offer low down payments-3.5 percent-and can.

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