HLS just checking a few things… I was under the impression that most lenders will not even allow people to buy down more then a point. Also yeah I have never seen more then 3% credit back for recurring or non-recurring closing costs. More then that, like trying to hide it in request for repairs or something, is enforced by the lender making escrow hold the money to be paid straight to the contractor. So I guess I don’t really agree with that bubbleinfo post. It’s heart is in the right place but in this environment with tighter standards… I don’t see it being possible.
