Eugene Mortgage News

Seller Concessions and How They Assist

November 28th, 2023 1:53 PM by Mike Herborn

We can answer your questions on How seller concessions can and will help with your home loan purchase.  Give us a call at 541-683-3300.  

  • Sellers can pay your closing costs up to a certain percentage of the purchase price, which include:
    • Appraisal Inspection
    • Inspection fees
    • Title and Escrow fees
    • Property taxes
    • Homeowner’s Insurance
    • Points towards buying down your interest rate 
  • With the seller paying all or a portion of your closing costs, this allows you to keep money in your savings or put in a higher down payment.
  • The seller cannot contribute to your down payment.

 

Stepping Stone Mortgage, Inc. is a qualified mortgage lender with all loan officers and processing staff trained to handle your questions. Our dedicated staff will help you through the loan process in a very efficient manner for you to purchase or refinance your home.

Posted by Mike Herborn on November 28th, 2023 1:53 PM

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Stepping Stone Mortgage

NMLS-235749 ML-3770

1140 Willagillespie Rd., Suite 13
Eugene, OR 97401