2-1 Buydown

For interested party contributions to lower borrower cost for the first 2 years.
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  • 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.

AL
AZ
AR
CA
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CT
DE
DC
FL
GA
IL
IN
IA
KS
KY
LA
ME
MD
MI
MN
MS
MO
MT
NH
NJ
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NC
ND
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
WA
WV
WI
WY

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