VA allows for the seller to pay up to 4% (of the sales price) of your home in the form of VA Seller Concessions, to cover your closing costs and "prepaid" items (escrow funds).

This amount must be specifically mentioned on the sales contract and must reference a specific dollar amount. 

VA Seller Concessions are a way that closing costs can be financed into your new VA Home Loan when you purchase your home.  In this manner,  it is possible to come to closing with $0 of your own money.

For help with how to structure VA Seller Concessions on your sales contract, contact us.

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