Cash Back

[Autavea Dabney]

I have been doing some research on cash back at closing. I have found different opinions as to the legality of such transactions. What I am consistently finding is the purchase price is inflated fraudulently so the loan is given to a property that does not have the value on the contract. What if the value on the contract is the actual value and not fraud? I have not found discussions on the value of the contract being the true value. Any opinions?