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Concession Type Form

Concession Type Form

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Instructions and help about Concession Type

how much can you get for a seller concession [Music] hey everybody thanks so much for joining me my name is Jeff trevathan I am Jeff the mortgage Pro and today we are looking at seller concessions and we're going to take a deep dive into this for all the different types of loans to figure out how much money you could ask for in credit depending on the type of loan that you're going to do for a buyer that you're representing so let's look at conventional loans first so there's three different types of properties that we can look at for conventional loans we have primary and secondary homes and investment properties primary and secondary homes follow these guidelines if you have less than 10 percent down the maximum seller contribution that you can get is three percent if you have 10 to 25 percent down the maximum seller contribution you can get is six percent and if you have more than 25 percent the maximum seller contribution you can get on a con

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