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macdenny
877 Posts |
 Posted - 05/29/2008 : 4:34:32 PM
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| Is it possible for the listing realtor to give the buyers a credit towards closing? The seller is already giving 3% but can the realtor kick in another 3% too? |
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jkennedy1234
187 Posts |
Posted - 05/29/2008 : 4:49:47 PM
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fannie you are limited to 3%. FHA will allow 6%.
why do you need 6% for orgination or Fees? |
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macdenny
877 Posts |
Posted - 05/29/2008 : 4:55:52 PM
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| They have nothing to put down. So the seller will give them the 3% and the listing agent is willing to kick in another 3%. So it's a combo of both closing costs and DP. Can't go FHA as she has a BK that hasn't yet hit 3 years. |
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AGreene00
2820 Posts |
Posted - 05/29/2008 : 5:47:02 PM
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| Is the realtor related to the buyer? |
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