Use this seller contribution chart to determine the maximum contributions a home or real estate seller can make toward a home purchase::
| FNMA/FHMLC | FHA | VA | USDA | |
|---|---|---|---|---|
| Owner Occupied | 6% Maximum all loans | 4% Closing Costs & Points | No Seller Contribution Limit* | |
| LTV/CLTV | Closing costs can also be financed up to 100% | |||
| 90.01 or greater | 3% | Up to 4% Sales Concession | LTV based on appraised value | |
| 75.01 to 90.00 | 6% | Total: 8% | ||
| 75.00 or less | 9% | |||
| Non-Owner Occupied | 2% Maximum All LTV’s | N/A | N/A | N/A |
*Some investors have an internal policy limiting seller contributions to 6%.
*Some investors and or Private Mortgage Insurance (PMI) companies may impose overlays that are more
restrictive then the agency guidelines. In addition, some investors and PMI companies may interpret certain
seller paid cost to be concessions when the agency does not classify it as such. In most cases, lender
paid cost as a result of premium pricing is not considered part of the interested party concessions
and limits.