Did You Know? Seller Contributions based on Loan Type

Dated: 10/15/2018

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Did You Know?

Seller Contributions based on Loan Type

Did you know that the amount a seller or an interested third party can contribute (also known as a concession) toward the buyers’ closing costs (including lender fees, origination or discount points, appraisal fees, mortgage insurance costs, title company fees, etc.) and escrow/prepaid costs changes based on the loan program of the buyer? 

In the chart below is a breakdown of how different loan programs change the available contribution limit. Note that these percentages are based off of the final purchase price of the home. 

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The Hostetler Team

The mother daughter team. Kara Rosentreter joined her mother Cynthia Hostetler in real estate on 2017 and together we are known as THE HOSTETLER TEAM. We pride ourselves on being there for all of ou....

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Did You Know? Seller Contributions based on Loan Type

Did You Know? Seller Contributions based on Loan TypeDid you know that the amount a seller or an interested third party can contribute (also known as a concession) toward the buyers’ closing

Read More