Is it common that a home seller pay the buyers points 3%
There is no standard answer to this question. Often times first time home buyers only have enough savings to pay for their down payment and they will request seller concessions to cover the closing costs. Usually the buyers will offer a higher sales price in order to compensate for the sellers...
Can I borrow the downpayment for my fha loan?
Hello,The down payment may not be borrowed but it may be gifted from a family member or employer. If you would like more information please call me at 435-313-7400. I will also give you a free credit analysis.Thank you,Lisa SchaerrerSuperior Lending Assoc.