Home Loan BLOG

1 PERCENT CASH ON CLOSING!
December 16th, 2008 7:30 PM

FHA and KHC (FHA loans with Kentucky Housing Corp) in combination give a great opportunity to get a 101% fixed rate loan at a dirt cheap rate!  And sometimes that will cover all the closing cost - sometimes it will cover most of the closing.  One of our last transactions closed for $670 from the buyer.  If you find a real estate brokerage that will offer you one percent back - your closing costs will probably be covered!!  What a great deal.

Money is precious.  Times are tight.  Look for a company that will offer you cash at closing.


Posted by Chuck Bahner on December 16th, 2008 7:30 PMPost a Comment (0)

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