Maximum Seller Contribution Chart

Fannie/Freddie/FHA/VA/USDA

Maximum Seller Contribution Chart

With all the mortgage rules changes, I know it’s difficult to keep updated on exactly how much money a seller can contribute to helping a client buy a home.  Here’s a handy chart that covers all the loan programs and the percentage the seller can pay.

	FNMA FHLMC	FHA	VA	USDA
Owner Occupied LTV/CLTV 90.01 or greater 75.01 to 90.00 75.00 or less	3% 6% 9%	6% Maximum all loans	4% Closing cost & points Plus up to 4% sales concession Total: 8%	No Seller Contribution Limit* Closing cost can also be financed up to 100% of appraised value.
Non-Owner Occupied	2% Maximum all LTV’s	N/A	N/A	N/A
FNMA Homepath	Follow standard maximum’s with the exception of LTV’s over 90% allow up to 6% concessions	N/A	N/A	N/A

          *Some investors have an internal policy limiting seller contribution to 6%