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What fees and closing costs are associated with Construction and Renovation Financing?

April 26, 2017associated closing costs Construction fees financing renovation

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What fees and closing costs are associated with Construction and Renovation Financing?

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The only fees you will see in addition to normal closing costs are the fees for draw inspections and in some cases a fee for modification to a permanent loan. Fees on 203k renovation loans are also more than for regular FHA (203b) loans but the difference is not substantial.