Buying a home is exciting, but it’s no secret that the costs can add up quickly. The good news? There’s a tool called seller credits that can help lower your upfront expenses and make your purchase more affordable.

Here’s what you need to know:

Seller credits are funds that the seller agrees to contribute toward certain expenses in your home purchase. Think of them as a way for the seller to help reduce your out-of-pocket costs at closing.

💡 Closing Costs – Cover fees for things like your lender, title, or escrow.
💡 Prepaid Expenses – Help pay property taxes, homeowner’s insurance, or interest.
💡 Rate Buydowns – Lower your interest rate temporarily or permanently.
💡 Inspection Repairs – Offset the cost of repairs found during the inspection process.

Seller credits give you flexibility. Instead of walking away from a deal because of unexpected costs, they can help you move forward with confidence. And in some cases, credits may even make it possible to qualify for the home you love without stretching your budget too thin.

Every home purchase is unique, and seller credits won’t always be available, but when they are, they can make a real difference in your homebuying journey.

Want to learn more about how seller credits could work for you? Reach out to our mortgage team today. We’re here to guide you every step of the way. Connect With a Lender