Tag Archive for: closing costs credit

Closing Cost Credits to 6%; Can’t Exceed Closing Costs; No Prepaying

Closing cost credits from sellers are rare in this very competitive seller’s market, but they do come up from time to time as buyers negotiate them in lieu of repair-credits. […]Read More

Using “Realtor Commission” As Gift for Down Payment

Realtors writing offers for relatives can credit their commissions as “gifts” for down payments. We have a pre-approved borrower right now with limited down payment funds. Her daughter is a […]Read More