Tag Archive for: buydown

Housing Just Got WAY MORE “Hackable;” 5% Down for 2 – 4 Units!

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Starting in November, 2, 3, and 4-unit property buyers can obtain Fannie Mae/conforming financing with only 5% down if they intend to occupy one of the units – and this is HUGE! Previously, 2-unit buyers had to put down 15% for Fannie Mae financing, and 3 and 4-unit buyers had to put down 25%!!Read More

How to Save On Your Mortgage With A 3-2-1 Buydown

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Are you in the real estate market to buy a home and looking for ways to save on your home loan payments? If so, you've come to the right place! In this blog post, we'll be discussing 3-2-1 buydowns, an intriguing option for home buyers.Read More

Mortgage Rate Buydown Options for Homebuyers

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A mortgage rate buydown is a technique used to lower the interest rate on a mortgage loan. It involves paying additional fees or points upfront, which reduces the interest rate for the entire loan term or for a portion of the loan term. By lowering the interest rate, homebuyers can reduce their monthly mortgage payments, which can lead to substantial savings over time. Now that we understand the concept, let's explore the different types of mortgage rate buydown options and how they work.Read More

The Beauty of BUYDOWNS – To Lower Payments & Save Deals

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In Friday’s blog, I explained why ARMs are NOT the solution for payment relief (because ARM rates are so close to 30-year rates) in today’s high-rate world. BUT – there […]Read More