Yes. Conventional loans allow seller concessions toward closing costs, prepaids, and discount points — up to limits that usually depend on your down payment and occupancy. Structured well, seller credits can sharply cut cash to close.
The purchase contract sets the credit; loan guidelines cap how much can be applied.
Seller credits must be written into the purchase agreement.
Maximum contributions often rise as your down payment increases.
Credits typically cover closing costs, prepaids, and points — not usually a cash refund at closing.
Investment properties often have tighter concession limits than primary homes.
An inflated price just to fund credits can fail if the appraisal does not support it.
Exact limits depend on LTV and occupancy — we confirm on your file.
Balance price, repairs, and credits together.
We size the credit to what guidelines will actually allow on your loan.
Step 1
Know the real gap before you offer.
Step 2
Match LTV and occupancy caps.
Step 3
Coordinate with your realtor on credit wording.
Step 4
Make sure the credit shows correctly before signing.
Related guides to help you compare options and move toward pre-approval.
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Generally no. Seller concessions are for allowable closing costs and prepaids, not the down payment itself.
Unused concession amounts usually cannot be pocketed as cash. Size the credit to actual needs.
Not directly. You can also use a lender credit (higher rate) separately from a seller credit.
Often yes — gifts typically help down payment while seller credits help closing costs, subject to documentation rules.
Ryan or Steve can estimate your closing costs and the maximum seller concession your conventional loan allows.