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Sellers can pay veterans’ debt to qualify for a VA home loan

Posted by Brian Brady
July 14, 2009

We’ve talked about seller contributions towards closing costs but did you know the seller can pay off a veteran’s debt to qualify? The seller contribution is limited to 4%.  Typical VA closing costs in San Diego total about 2-3 % of the selling price; that “extra” 1-2% could be used to “buy the rate [...]