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FHA defines which closing costs are allowable as charges to the borrower. The specific costs and amounts that are deemed reasonable and customary are determined by each local FHA office.

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FHA Requirements

Closing Costs and Allowable Charges

While FHA requirements define which closing costs are allowable as charges to the borrower, the specific costs and amounts that are deemed reasonable and customary are determined by each local FHA office. All other costs are generally not allowed and are usually paid by the seller when buying a new home, or paid by the lender when refinancing your existing FHA loan.

FHA Closing Costs
  • Lender's origination fee
  • Deposit verification fees
  • Attorney's fees
  • The appraisal fee and any inspection fees
  • Lender's origination fee
  • Cost of title insurance and title examination
  • Document preparation (by a third party)
  • Property survey
  • Credit reports (actual costs)
  • Transfer stamps, recording fees, and taxes
  • Test and certification fees
  • Home inspection fees up to $200

Allowed in an FHA refinance loan are wire transfer fees, courier fees, reconveyance fees, and fees to payoff bills.

FHA Loan Requirements

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FHA Loan Articles and Mortgage News

Home Loan Choices: Conventional or FHA?

September 27, 2022 - FHA loans are typically easier to qualify for than conventional loans, but conventional loans may be cheaper in the long run. But for those who need the added credit score flexibility, an FHA loan is an option worth considering.

Buying a Home With an FHA Loan in a Flood Zone

September 26, 2022 - Knowing the FHA loan rules for loan approval in certain regions of the country can be important especially if the home you want to buy may be located in a known flood zone. Homes in certain types of flood zones or Special Flood Hazard Areas are not eligible for FHA mortgages. 

FHA Appraisal Rules: Heating, Cooling, Plumbing

September 25, 2022 - FHA appraisers must follow certain rules governing the process including some that address specific systems in the home. Some FHA appraisal requirements depend on standards set by the local authority, while others have specific guidance found in FHA rulebooks.

HUD Announces Settlement in Dallas Housing Discrimination Case

September 17, 2022 - The Department of Housing and Urban Development has announced a settlement in a housing discrimination case involving the Housing Authority of the City of Dallas (DHA), which requires the agency to pay a whopping $500,000 penalty to a former resident of public housing there.

Unpaid Federal Debts and Your FHA Loan Application

September 15, 2022 - Does it hurt a borrower’s chances when applying for an FHA mortgage loan if there’s a debt owed to the federal government? Can unpaid federal taxes become a barrier to an FHA mortgage loan? The FHA recognizes two types of circumstances–tax debt and non-tax debt.