Mortgage Broker Company - Seller paying closing costs

It is now very common to have sellers pay the closing costs for buyers purchasing a home.

This gets financing for your closing costs. 

For conventional loans this means the seller can pay non-recurring closing costs. 

If it is a VA loan you can have the seller pay everything.  The seller should put a limit on how much they will pay.

FHA loans you can ask the seller to pay everything - the buyer must put up 3% of the loan amoung.

  • No Comments »

    No comments yet.

    RSS feed for comments on this post. TrackBack URI

    Leave a comment

    If you want to leave a feedback to this post or to some other user´s comment, simply fill out the form below.

    (required)

    (required)