Rates
Can I get a lender credit on FHA?
Short answer
Yes. Accepting a slightly higher rate buys a lender credit applied to closing costs. Useful when cash to close is the binding constraint.
Plain-English explanation
Lender credits and seller credits both help cover closing costs. They don't replace the FHA minimum required investment.
What can change the answer?
Credit score, loan amount, LTV, points, lender credits, lock timing, and market movement can change the rate quoted.
Want the real answer for your file?
FHA guidelines are the rule. Your credit, income, payment, property, and county limit are what decide the actual answer.
More FHA questions on Rates
Educational only. FHA guidelines, lender overlays, rates, fees, and underwriting requirements can change. Final eligibility depends on full underwriting review.