We are going to do a rural development loan bc of the $0 down and no need to carry PMI. The offer we put in and are under contract for is $99,900. The sellers are paying $2500 of closing costs, and so do we need a 3% down that we incorporate into the loan we were told by the woman at the bank. But she also said that we can only take out what the home appraises for 102%. Looking at the data of the home it was appraised this year for $100,300, that's not who we hired to appraise, but if the appraisal we do is around that being that its the same year and not much has changed, 102% would only be $101,023 or something not allowing enough for the 3% down or any closing costs. Are we understanding all of this correctly? Are we going to need to come up with the cash or will it all be able to be funded...?