How Does the 2-1 Buydown Reduce a Home Buyer’s Interest Rate?
How does the 2-1 buydown reduce a home buyer’s interest rate?📉
We sat down with our good friend Jon Fuller of CrossCountry Mortgage to talk again about how we can beat high interest rates in a way that benefits both buyers and sellers.
The 2-1 buy down allows buyers to have a much lower monthly payment, at least for the first two years, and it allows sellers to achieve a higher sale price with a greater benefit to the buyer.👍
If you’d like to find out more, send us a message or give us a call!
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