Related Article Title: Fannie, Freddie, FHA, VA & USDA- HOA Fees: Realtors in our area are talking about a new program that does not count the HOA fees. Does any agency allow that? Answer: Fannie & Freddie say: Fannie and Freddie allow a seller (or an interested party contribution) to pay up to 12 months […]
A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.
Related Question: Fannie Mae & FHA – VA – Realtor Credit: Does a $500 credit from a Realtor commission to the borrower affect the LTV as an IPC (Interested Party Contribution)? [MC Chart-Interested Party Contributions-All Agencies] Answer-Fannie Mae: For Fannie Mae, an IPC does not need to be subtracted from the purchase price UNLESS you […]
A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.