What is a 2 – 1 Mortgage Interest Rate Buydown | Pros & Cons
Автор: Homeport Residential
Загружено: 2022-11-30
Просмотров: 7902
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When interest rates are sky high you will hear a lot of Realtors & Lenders talking about the 2 – 1 Interest Rate Buy Down that allows home buyers to pay a lower monthly mortgage payment for the first 2 years of their home loan.
This video will cover how the 2-1 buydown works as well as some of the pros and cons of the buydown, and the variables to consider when deciding if it’s something you would like to try for with your home purchase.
Here is a link to the free 2 -1 Buydown Calculator that you can download with no personal information:
https://tinyurl.com/buydowncalc
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Scott Hodge Broker | Owner | Veteran US Navy
Homeport Residential
Call/Text Direct: 858-255-1943
Email: [email protected]
CALDRE# 01977659
NMLS ID is 2426818
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