Mortgage Playbook - Flipbook - Page 6
UPFRONT COSTS
Money needed prior to closing
UNDER CONTRACT?
Here are your upfront and out-of-pocket costs:
Earnest Money
1%-5%
Paid to Escrow
Home Inspection
$400-$700
Paid to Inspector
Appraisal Deposit
$750-$1100
Paid to Appraisal Company
Homebuyer Class
$50
Paid to eHomeAmerica (WSHFC*)
Condo Resale Cert Up to $625
Paid to HOA
You deserve to be a Home Owner!
LOAN TYPE
MAX LOAN
CREDIT
DOWN PAYMENT
Conventional
$832,750
620
0%*, 3%+
High Balance
$1,063,800
620
5%+
USDA
$782,000
580
0%+
FHA
$1,063,800
580
0%*, 3.5%+
VA
$2,500,000
580
0%+
Jumbo
$5,000,000
620
5%+
*with down payment assistance
