Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010
Re: FHA Loan - Lender's credit / sellers' concession?

Amythyst wrote:

Also, if you're a member of USAA or a credit union... see if they have real estate services... We are using Navy Federal's real estate program and we get about 2k back after closing just for using a realtor through them.  I know you said real estate agents are involved... so, not sure if you can switch at this point.


We are also getting lender credit but at no cost to the interest rate.  We are having a home built and we are using the preferred lender for the builder.  When doing this, the lender gives 2,500 in closing cost assistance and we actually got the builder to give us 6,500 in closing costs.  So, pretty much all our closing costs are taken care of.

While they may be telling you there is no cost to you, since Regulations do not require them to disclose, I can for sure tell you 100% you are paying one way or the other.


But none of it matters, if you as the client (customer) are happy with what they offer and services performed. Smiley Happy

Good Luck
May all your dreams and wishes become a reality!