Apparently, lender needs a year of escrow payments in advance. Is this a good deal? Seems like the closing cost is a bit insane. I didn't realise it would be this high.
Purchase price: $425,000 Down payment: $30,000, 10K in advance Closing cost: $26,000 Total cash needed at hand: $56,000
u/DesignerIll9082 — 18 days ago