When you are both real estate agent and a buyer, you earn commission that can be applied to the cost of acquiring your property. The key is picking the program that allows the use of your commission for the costs you need covered. Let’s connect and I’ll go through the details with you or your office.
Related Article Title: Fannie Mae/Freddie Mac – Real Estate Agent Commission as a Down Payment Question: My real estate agent would like to gift her commission to her husband who is purchasing the property she sold to him, and he wants to use this as a down payment. Will Fannie Mae or Freddie Mac allow this? […]