Florida Purchase Loans:
Seller-Paid Rate Buydowns and Credit Caps
How seller concessions lower monthly payments under Fannie Mae, Freddie Mac, FHA, and VA guidelines.
Seller Credits vs. Price Reductions
Lowering the sales price by $15,000 saves roughly $88 a month. Putting that same $15,000 into a seller-paid rate buydown cuts the monthly payment substantially more.
Payment Differences: On a $450,000 loan, a $15,000 price drop cuts $88 per month. A 2-1 temporary buydown funded by the seller cuts the payment by $378 per month in year one.
Seller Contribution Limits: Conventional loans cap seller contributions at 3% (down payments under 10%), 6% (down payments of 10% to 24.9%), or 9% (25% down or more). FHA allows up to 6%. VA allows up to 4% plus standard discount points.
Wholesale Lending Guidelines: Files follow standard Fannie Mae, Freddie Mac, and FHA automated underwriting systems without retail bank overlays.
You Deal With the Same Person From Start to Finish
AAA Capital Funding was established in 1997. We originate residential mortgages across Florida through wholesale channels to find the most competitive pricing available.
When you call our office, you speak directly with me. You will work with the same person on your loan from your initial scenario through your closing date.
$15,000 Price Reduction vs. $15,000 Seller Buydown
$500,000 purchase price with 10% down ($450,000 loan amount).
| Financing Option | Purchase Price | Seller Credit | Monthly Principal & Interest | Monthly Difference |
|---|---|---|---|---|
| $15,000 Price Reduction | $485,000 | $0 | $2,828 / mo | -$88 / month |
| $15,000 Seller 2-1 Buydown | $500,000 | $15,000 to Buydown Escrow | $2,538 / mo (Year 1) | -$378 / month (Year 1) |
| Permanent Rate Buydown | $500,000 | $15,000 to Discount Points | $2,610 / mo | -$306 / month (Permanent) |
Calculate Payment Options on a Purchase
Send a property address or MLS number to verify seller concession limits and run monthly payment scenarios.
Start with a question, not an application.
You don't need a preapproval to ask, and you don't need perfect credit to start. Call 888-601-8344 or text 954-816-8820 and tell me where you are. If the honest answer is not yet, I'll tell you what to fix and roughly how long it takes. One call, under ten minutes. No application, no credit pull.
AAA Capital Funding, Inc. · NMLS #374739 · Jason J. Sarji, NMLS #374700