Yes. Every major program caps seller concessions, and the caps key off the property's value, tiered by program and down payment. A seller concession (also called a seller credit) is any credit the seller gives you at closing, whether it goes to closing costs, points, or a rate buydown; it shows up as a credit on the settlement statement. The caps by program: - Conventional (Fannie Mae/Freddie Mac), primary or second home: tiered by down payment and calculated on the lesser of the sales price or the appraised value. Less than 10% down allows 3%; 10% up to 25% down allows 6%; 25% or more down allows 9% (a tier rarely used in full). - Conventional investment property: 2%, regardless of down payment. - FHA: 6% of the sales price, the same at every down payment. Anything over 6% reduces the sales price dollar for dollar for the loan calculation. The credit can cover closing costs, points, buydowns, prepaid interest, and the upfront MIP, but never your minimum required investment. - VA: 4% of the appraised value, but that 4% only counts true concessions, like the funding fee, prepaid taxes and insurance, or paying off your debts. A seller paying your ordinary closing costs or market-rate discount points does not count against it, which makes VA more flexible in practice than the number suggests. These are program rules that can change, so confirm the current caps for your loan before writing them into an offer. Directionally, a bigger down payment unlocks a bigger allowable credit on conventional. On spending a credit: cover closing costs first. A seller-funded buydown can pencil, and while we lean against buydowns as a default, the side-by-side is something some people want to see, and we will run that comparison for you.