Pacific West Lending

Closed today! Congrats to all parties 🥂

Buyers agent/photo credit: Jeff Puliz S&S Realty

Chris Bang
NMLS #171732

https://www.experience.com/reviews/michael-aldridge-206998/75b6fadf-b48d-4cbb-8abc-704943815ca0

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Lots of talk about the Fannie Mae update this week regarding seller concessions and realtor commissions..

The bottom line: There are NO CHANGES to what was already in place.

Fannie Mae simply reiterated that if the seller pays the buyer’s agent commission then it is NOT counted in the interest party contributions (IPC’s or “concessions”) which is nothing new.

In other words, concessions for buyer’s agent commissions remains separate from any other concessions.

Please contact me if I can be of assistance!

Chris Bang
NMLS #171732

Opt Out of Annoying Telemarketer Calls and Emails Isn’t it ironic that as soon as you complete a loan application your phone starts to ring and emails begin to arrive from telemarketers representing a variety of 3rd parties? Clients often ask me if their information will be kept private. We will not sell your information, EVER, but most people ar...