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Does the $2,000 for closing costs include the 1st months house payment or does the homeowner need to have both the house payment and the $2,000 closing costs at occupancy?

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Does the $2,000 for closing costs include the 1st months house payment or does the homeowner need to have both the house payment and the $2,000 closing costs at occupancy?

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A. The $2,000 does not include the house payment but the 1st house payment is not due until the 2nd month. Each approved homeowner will receive a complete packet of information regarding these issues.

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