are closing costs paid by the banks
The more conventional FHA 203K rehab loan does require a 3.5% down payment. Sometimes, though, the banks will pay your closing costs. There are first time buyer programs in CT that allow for 100% financing, but this is not rehab money.Would have to be on a property that is in good condition.ometimes, though, the banks will pay your closing costs. There are first time buyer programs in CT that allow for 100% financing, but this is not rehab money. Would have to be on a property that is in good condition.