HAN, learn me about FHA Loans
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BOOM goes the dynamite!
Joined: Mar 2003
Posts: 27,571
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From: in a van down by the rive
h: for some reason, i haven't been able to search with it for about a week. i can get to the page, but when i search it just doesn't do anything. 
nelson rules
Joined: Sep 2001
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From: the best coast
Joined: Oct 2000
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From: Location Location
I believe also the jumbo limit is increased from 417K to 6xxK? not sure on the amount. but it seems nearly impossible to get that amount these days.
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Originally Posted by WiLL
...I really wanna get out and shoot people.
nelson rules
Joined: Sep 2001
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From: the best coast
yeah, but once you go over 417, your percentage still goes up. last broker i talked to said it goes up 1 percent.
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From: noobtown
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94 Chevy Blazer - brother crashed.
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94 Chevy Blazer - brother crashed.
94 2dr accord - h22 swap, rear ended.
03 1.8 gti - waiting for her bag of chips.
:crazyr: :slap: :hsughr: :nec: :madr:
///o\\\///o\\\
Joined: May 2002
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From: Tampa
That 3% isn't closing costs though, it's a standard down payment. Sure, closing costs can be included in the loan resulting in no out of pocket costs, but just because they can doesn't mean they will. I guess it all depends on how badly somebody wants to sell... 3% of a 500k house (still cheap in CA) is 15k. I don't know many people who wouldn't think twice about giving that much money to they buyer just to buy their house from them.
Joined: Oct 2000
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From: Location Location
1 percent? which bank? the ones I've checked with were charging 1.5-2% more.
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'00 Dakar Bus CRS Edition
LCD Squad #0001
'00 Dakar Bus CRS Edition
LCD Squad #0001
Originally Posted by WiLL
...I really wanna get out and shoot people.
