Buying A Home
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

If you have questions about this, please email help@theknot.com.

Thank you.

Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

Settlement Costs

Hi Everyone.  We are receiving a $7500 credit towards closing costs from the builder towards our townhouse.  When applying for our mortgage we were told it was unlikely our closing costs would be that high.  We are applying for an FHA loan and how put about $11k down.  While looking our our disclosure statement it shows our settlement costs as over $14k.  Does this include our down payment or after our credit do we need to put another $7k down? 

Re: Settlement Costs

  • I would think that has to include down payment, does the disclosure have somewhere that it lists line by line?

    image

    TTC since Feb 2012
    Diagnosed with PCOS and anovulation
    2 round clomid 1 round femara--no response
    1st round injectables/IUI 1/31---BFP! BabyFruit Ticker
Sign In or Register to comment.
Choose Another Board
Search Boards