Buying primary home

[Jairo Rincon]

Good Afternoon BP,

I wanted to get some insight from a lender's prospective on what might be the best option for my wife and I moving forward with purchasing our primary home in Las Vegas, NV. We are currently looking to purchase a KB builder home and they are trying to encourage us to move forward with their lender, KBHS home loans, because of the incentives. The incentives include 10K towards upgrades and 30K towards interest payback or closing cost. I wanted to know if anyone has any experience working with their lending team. They are asking for $47K as earnest money (10% of purchase price) because of the fact that we currently own a duplex in TX as an investment property. This is the first time I have heard of this, and was not sure if this is common. Any insight or feedback would be greatly appreciated.