Some or all of the mortgage lenders featured on our site ... This is referred to as a seller concession, seller contribution or seller credit — these terms all mean the same thing.
It offers 100% financing, a fixed interest rate, and a seller contribution of up to 6%. NFCU also services every mortgage it originates in-house for the life of the loan, which means customers do ...
FHAs require at least 3.5% down payment with up to 6% seller contribution, explained Harris, and they now come with the requirement to hold mortgage insurance (PMI) for the life of the loan.
The mortgage loan option offers favorable terms that can help lower the barriers to home ownership for individuals who provide critical, frontline services to the community. Features of the ...