Who Pays Closing Costs on a VA Loan?

The big advantage of the VA loan is that the seller can pay all the loans relating to the closing cost. So you have no need to pay that, so we can say that it is a negotiation between the seller and the buyer always.

The buyer can say the VA  closing costs for seller up to 4% of the purchase prices in concession to cover the costs which are not related to the loan.

The most common seller concessions are below:

  • The seller covers the prepaid taxes and cost of insurance for the buyer.
  • Seller provide credits for those products which left behind in home, like  pool table
  • VA loan closing costs seller paid off the collections, judgments, and lease termination fees at the closing of buyers.

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