Seller Tax Credits – Did you know that seller tax credits are not considered interested party contributions or subject to seller concession limits? However, lenders cannot count those funds when determining a borrower’s assets to qualify for a loan. For home buyers it is a nice bonus credit at closing!
Related Article Title: Freddie Mac Selling Guide Updates – Bulletin 2021-16 – Dated May 5, 2021- Updated Charts – Refinance Loans – All Agency & Age of Tax Returns – Freddie Mac Written by: Lloyd Rutherford, Staff Writer Article Intro Paragraph Agency updates are an important way to stay up to date. Our Freddie Mac […]