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A: Why use a Connecticut Mortgage Broker?
Connecticut Mortgage brokers.
Apply for a Connecticut Home Equity Loan
Apply for a Connecticut Home Mortgage Loan
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First Time Buyer in Connecticut Seminar Sign Up
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2. Looking for a Home >>
State of Connecticut Home Page >>
Seller’s Concession - What is it?
In the process of negotiating to buy a house you can ask your realtor to request a contribution from the seller towards your closing costs. The realtor will build this agreement into your purchase contract signed with the seller. You would have to be offering the seller close to the seller's asking price for that seller to want to give you money back at the closing of course. Some lenders will only permit those seller contributions to be used for non-recurring closing costs such as attorney fees or title insurance. Other lenders will now let you use these funds for recurring costs as well such as for funding the escrow account for property tax or hazard insurance.
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