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Mortgage Terms: Seller Contribution Definition

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Mortgage Terms: Seller Contribution Definition

Seller contribution

Definition

A contribution to a borrower's down payment or settlement costs made by a home seller, as an alternative to a price reduction.

Related Terms

Other terms related to 'Seller contribution' starting with the letter 'S'

Servicing transfer, Single file mortgage insurance, Second mortgage, Stated income, Simple interest mortgage

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