Temporary Buydowns: What You Need to Know BEFORE Getting One
Автор: Mortgage Mastery Theater | by CSM
Загружено: 2024-05-10
Просмотров: 417
Описание:
Chris Butaud shows why temporary rate buydowns might not be the best use of money when you are getting a mortgage. While temporary buydowns might not reduce your rate in the way you think, it is sometimes still possible to benefit from them in a way that makes sense.
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NMLS 1902724 | Equal Housing Opportunity
00:00 Intro
00:56 Not buying down the rate at all
02:55 Is this a scam?
05:29 How it actually works, buydown calculator
07:30 Who pays for it and why that matters
20:40 Temporary vs Permanent Buydown
27:44 Temp Buydown Agreement Form
31:15 How it looks on your mortgage statement
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