Financing in 21771>Question Details

Denise Mann, Real Estate Pro in Moyock, NC

On the 203k streamline, is the 6% seller concessions calculated off of the sales price or the loan amount?

Asked by Denise Mann, Moyock, NC Wed Jun 16, 2010

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The seller concessions would be based on the purchase price.
0 votes Thank Flag Link Tue Oct 14, 2014
The 6% seller concession is based on the sales or purchase price, not the loan amount.
0 votes Thank Flag Link Thu Jun 17, 2010
Hi, Denise. The sales price.
0 votes Thank Flag Link Wed Jun 16, 2010
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