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General Principles Of AgencyFinancing CompensationHARD

Under the new rules, can buyer agent compensation be included in the buyer's mortgage financing?

Correct Answer

B) Yes, if the lender and program allow it

Buyer agent compensation may potentially be financed as part of the mortgage if the lender and loan program allow it. Some programs like FHA and VA have provisions for financing certain closing costs including buyer agent fees.

Answer Options
A
No, it must always be paid in cash
B
Yes, if the lender and program allow it
C
Only for FHA loans
D
Only if the seller agrees in writing
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Related Topics & Key Terms

Related Topics:

buyer-agency-agreementsclosing-costsloan-origination

Key Terms:

buyer agent compensationNAR settlementmortgage financingFHA guidelinesbuyer representation
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