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Contributor

Can I pay the closing cost after purchasing a home with a credit card?

2 REPLIES

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Hi Lokii2870,

 

Thank you for your comment regarding your closing costs. Due to the nature of your post, a

service specialist would be in the best position to address your question. As such, we

ask that you please click here to provide us with additional detail and your member

information. You can also reach a service specialist at 1-800-531-8722.

 

Thank you!

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Moderator, his question seems to be a general question which has no relations to his financial standing. Can't we get a simple answer? If not from you, maybe from someone who has tried to pay his closing costs with his or her credit card.

 

Personally, I don't think you can as you are asked to not use your credit cards at all (as a precautionary measure)  during the mortgage process and I also think that if you have to use your credit card to pay for your mortgage closing costs, you may not be ready to purchase a house which will require not just the mortgage payment but so much more in terms of maintenance and other unexpected expenses during the life of this loan. Just my two cents...