Realtor Commissions Credited for Closing Costs & Down Payment (Gift)

Updated August 29, 2023 1 min read

Realtors can credit their commissions toward recurring and non-recurring closing costs. This is well-known.

What many Realtors do not know is that they can “gift” all or a portion of their commission towards a down payment as long as the buyer is a relative. Almost anybody can be a relative, however.

Jay Voorhees
Founder/Broker | JVM Lending
(855) 855-4491 | DRE# 01524255, NMLS# 335646

About the Author

Jay Voorhees

Jay Voorhees is the Founder of JVM Lending. He specializes in mortgage rate movements, housing market trends, Fed policy, and refinancing strategy. Jay has 25+ years in mortgage banking and has personally originated over $1 billion in residential loans.