Yes — sellers can contribute to conventional closing costs within concession limits based on down payment. Learn the caps with The 2 Mortgage Guys.
Yes — sellers can contribute to conventional closing costs within concession limits based on down payment. Learn the caps with The 2 Mortgage Guys.
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Yes. Conventional loans allow seller concessions toward closing costs, prepaids, and discount points — up to limits that usually depend on your down payment and occupancy. Structured well, seller credits can sharply cut cash to close.
The purchase contract sets the credit; loan guidelines cap how much can be applied.
Exact limits depend on LTV and occupancy — we confirm on your file.
Balance price, repairs, and credits together.
We size the credit to what guidelines will actually allow on your loan.
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Ryan or Steve can estimate your closing costs and the maximum seller concession your conventional loan allows.
Steve DeLon and Ryan Minick - Branch Managers and Senior Loan Officers at .
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Ryan Minick NMLS# 203249
Steve DeLon NMLS# 202876
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1221 Appletree Lane, Kokomo, IN 46902
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