Lending w/ seller financing or credits

[Paul Duncan]

Is it possible to get into a loan with a bank by using seller credits or seller financing as a down payment?  If I have a bank who will let me do 20% down on a mobile home park or small apartment building by keeping it as an in house commercial loan, will they let that happen?  For example, if I wanted to purchase a $1M property and the seller was willing to credit $200,000 at closing, will the bank accept that as my down payment, or do they want to see the $200,000 coming from my account?  I realize on the residential loan side that can't happen, so my question is geared more towards portfolio/commercial loans.  And if that wasn't a credit, but instead a $200,000 seller financed note, does that change anything?