What is a 2/1 buy down?

Courtney Newton and Associates question of the day. Many times buyers just need a small time frame to have a reduced mortgage payment when buying a home. This loan product offers a reduced interest rate for home buyers in the first two years at one percent reduction We are discussing a 2/1 buydown in this video to go through what that might look like for a home buyer and the benefits of it. We have a lender who is offering this product for free as an incentive for using our team. If we can help you with figuring out the right loan products for you please give Courtney Newton & Associates a call at 770-627-3963 to schedule a buyer consultation.

Видео What is a 2/1 buy down? канала Courtney Newton