concessions: Maximum Seller Contribution - 05/04/11 08:58 AM
What is the maximum seller contribution on the purchase of a home?
In today's market, it is very common for a seller to pay some, if not all, of the buyer's closing costs.  Well, how much can the seller actually contribute?  Of course, that depends on the type of loan, and a few other factors too.  It's important that the seller contribution is not too much or too little, so here are a few guidelines to consider:
Maximum Seller Contribution:
 
There are three main types of loan programs, FHA, VA, and Conventional.
On an FHA loan, the seller can pay … (2 comments)

 
Randy DeMille (Atlantic Bay Mortgage Group)

Randy DeMille

Virginia Beach, VA

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Atlantic Bay Mortgage Group

Address: 2540 Virginia Beach Boulevard, Virginia Beach, VA, 23452

Office: 7574(986) 789-2621

Fax: (757) 419-2992



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