FHA Loans are Changing Again, Costs of Borrowing Increase

First of all FHA does not allow you to pay for certain fees, but watch out the Lender just remenas them ok?You should be consulting with your Realtor and it should be in writing on the sales contract so the lender knows how to process and close the loan.The Sales Contract should contain EVERYTHING in writing.All you have to do, is tell your agent you want the maximum amount of seller credit allowed to be written and offered in the contract. If your agent doesn't know how much this amount is, he/she should contact a loan officer to find out.If your agent advises you against this, ask why? If you aren't satisfied with this answer, tell your agent you would like to find another agent you feel more comfortable with and you'll prob. have to sign something, go to the broker of the Agent if you get any crap. Your agent is getting a commission prob. 3% of the sales price, so you are paying your realtor to work for you in your best behalf.On the flip side of the coin, think about how bad you want this place. The worse the sellers can do is come back with a counter offer or reject your offer, more likely they'll counter.Good luck. Was this answer helpful?