Tip of the Week: When representing a buyer who is getting a VA loan and requesting the seller to pay the buyer’s non-allowable VA fees, consider providing additional information instead of just marking the “Federal VA” box in the Financed section of the Sale Agreement.

When representing a buyer who is getting a VA loan and requesting the seller to pay the buyer’s non-allowable VA fees, consider providing additional information instead of just marking the “Federal VA” box in the Financed section of the Sale Agreement. If the buyer is also asking the seller to contribute funds toward the buyer’s closing costs, include language identifying whether the amount requested for closing costs includes, or is in addition to, the buyer’s non-allowable VA fees. This provides the seller with the information they need to make an informed decision.

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