Can You Finance Extra Costs into your mortgage? With the exception of a VA loan or a construction loan, the answer is No.
Your mortgage loan is strictly based on the purchase price of the property. You can’t roll in extra cash for furniture, for breaking a lease, etc. All of those expenses will be in addition to your down-payment and closing costs.
Now on a VA Loan (veterans), you can roll in the closing costs to base amount of your loan. Many VA Loans are 100% financing and don’t require you to pay a down-payment or closing costs.
On a Construction Loan, you can roll in the expenses for renovations, but that money is paid directly to the contractors who are doing the work (you can NOT do the work yourself if you’re using a 203k loan for construction).