With Conventional financing, the maximum allowable seller contributions are tiered based on your down payment.. The maximum being 9% if you're putting down 25% or more.. If you're purchasing as an investor, the no matter how much you put down, the maximum is 2%. ..I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
What is the question? Seller credits are allowed. They must be negotiated by your realtor at time of making your purchase offer.
Sellers can pay up to 3% of the purchase price of the buyers closing costs.
Is there a question?
On a conventional loan, the seller can contribute up to 6% toward the buyers closing costs, pre paid items and reserves.
Yes, You can get them
Allowable sellers concession for Conventional loans are based on the % of downpayment.
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