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Seller Contributions

Mortgage Hack #10

How it works: Seller concessions or interested party contributions (IPC) are closing costs that the seller agrees to pay. They can also be paid by interested parties like the builder/developer, the real estate agent, broker, or an affiliate who may benefit from the sale of the property. The table below reflects the max concessions for conventional type mortgages.

Reference: 2022 Keller Mortgage LLC

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