VA Interest Rates VA loan Application Denver Realtor

Chapter 8 Fees and Charges Paid by the Borrower

5.  Seller Concessions, Continued

 

d. The 4% Limit

Any seller concession or combination of concessions which exceeds 4% of the established reasonable value of the property is considered excessive, and unacceptable for VA-guaranteed loans. 

 

Do not include normal discount points and payment of the buyer’s closing costs in total concessions for determining whether concessions exceed the 4% limit.