fees in a streamline FHA loan

Can I be charged a transfer of taxes fee on a FHA loan in the state of Florida? This is a refinance streamline loan.

1 Answer

Yes, unfortunately, Florida does charge transfer fees, even on streamline refinances. I've done several loans there, and (depending on loan parameters) was usually able to pay the majority of title and lender fees, but not always room to pay the state transfer tax as well. Good news is that FHA rates are right at 3.25%, so gotta love that, even if Florida gets their pound of flesh from the deal.