What is the seller credit on a USDA mortgage agreement?

Not sure what you are asking. Please give more info. Are you asking what the maximum seller credit can be on a USDA loan?

Seller credit refers to the amount a seller will credit a buyer on a purchase contract and is negotiated differently on every contract. Are you asking what is the maximum allowable amount a seller can credit on a USDA loan? If so, the answer is 6% of the purchase price.

It is simply, the amount a seller is agreeing to paying toward your closing cost and or prepaid cost (taxes and insurance). Max. seller credit is 6% of the purchase price.

you can go up to the full closing costs and prepaids on the loan for the maximum seller credit

The seller can contribute up to 6% of the purchase price. With USDA you can also roll in closing costs up to 100% of the appraised value. For instance if the purchase price is $200,000 and the appraisal comes in at $202,000, USDA will allow you to roll in the difference to go towards your closing costs. Problem with this is that you have no idea how much it will appraiser for so you can't count on it. Best wishes, Sean