Discount points, lender credits and buydowns, weighed on your own numbers
Seller-paid points
Point made
A seller can agree to pay some of your closing costs, including points, as part of the purchase contract. Loan programs cap these concessions. The credit appears on the Closing Disclosure, and any amount over the cap cannot be used.
Last reviewed against the primary sources listed below.
Check
- The concession limit for your loan type.
- How the credit is written in the contract.
Points and credits, answered
Can a seller pay my discount points?
Yes, within the concession limits of your loan type.
Where do seller credits appear?
On the Closing Disclosure.