Yesterday, I outlined FHA NON Allowable expenses for a seller to be aware of when considering an offer from a buyer using FHA financing.

READ MORE: What Pasadena Sellers need to know about FHA Loans - Part I

Today, I wanted to provide both the Pasadena sellers and Pasadena buyers with a list of items that FHA ALLOWS buyers to pay for. So, with no further ado, here it is:

  • BASE Escrow Fees
  • Title Insurance ALTA
  • FHA Appraisal Compliance Inspection Fee
  • 1% loan Origination Fee
  • FHA MIP premium
  • Loan Discount Points
  • Credit Report Fee (Actual Cost)
  • Appraisal Fee (Actual Cost)
  • Interim Interest
  • Hazard or Flood Insurance Premiums
  • Reserves for Taxes and Insurance
  • Notary Fee $10 per signature
  • Recording Fees - Actual Fees
  • Termite (Initial Inspection is okay, but no repairs unless approved inwriting by lender)
  • Home Warranty - only if stipulated in escrow instructions and with prior approval of lender
  • Amortization Schedule Fee
  • Real Estate Commission (if prior approval in writing by lender)
  • Broker Fees (if prior approval in writing by lender)
  • Tests or Treatments required by HUD (if prior approval in writing by lender)
  • Compliance Inspection Fee

Questions? Please comment.

If I can be of any assistance with your Pasadena Real Estate needs, please do not hesitate to email me or call me at (626)629-8439. Thank you!

Interested in more information about Greater Pasadena Area cities, check out our City Guides below:

Alhambra City Guide

Altadena City Guide

Arcadia City Guide

Eagle Rock City Guide

Monterey Hills City Guide

Pasadena City Guide

San Gabriel City Guide

San Marino City Guide

Sierra Madre City Guide

South Pasadena City Guide

And, if you are interested in fun activities to do, take a look at our 365 Things To Do In Pasadena® page.

Thinking of selling your home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Southern California Real Estate Market.