2-1 Buydown

For interested party contributions to lower borrower cost for the first 2 years.
      
  • Purchase transactions only
  • Eligible for primary residences
  • 30 year fixed rate only
  • Buydown fee may be paid by seller or builder but must be written into the contract

Available on the following programs:

Bank Statement Loan, Jumbo, Portfolio Select, and Asset Qualifier

A 2-1 buydown provides a two-year reprieve from elevated rates.

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DE
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LA
ME
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NH
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NC
ND
OH
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PA
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WI
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