What's the maximum allowed seller credit for buyer closing costs on the CalHFA Conventional program?

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What's the maximum allowed seller credit for buyer closing costs on the CalHFA Conventional program?

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We don't have any overlays about maximum seller credit, and it looks like Lakeview, our master servicer, doesn't either:

https://www.lakeviewcorrespondent.com/wp-content/uploads/2023/08/CalHFA-Conventional-V23.6.pdf

Follow Fannie guidelines and you'll be okay.

CalHFA does not lend money directly to consumers. CalHFA works through and uses approved private lenders to qualify consumers and to make all mortgage loans. CalHFA purchases closed loans that meet CalHFA's requirements. The fees consumers pay could be different depending on the lender and the program.

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What's the maximum allowed seller credit for buyer closing costs on the CalHFA Conventional program?

https://www.fuzeqna.com/calhfa/ext/kbdetail.aspx?kbid=701