On FNMA, VA, and FHA Loans
High Balance and FNMA HomeReady Available!
Reach more clients with our 1-0 and 2-1 Buydown!
On VA, FNMA, and FHA* Loans
High Balance and FNMA HomeReady available
Take advantage of our 2-1 Buydown Program to help clients with a reduced rate for the first two years of their loan. For a 1-0 Buydown the borrower enjoys a 1% reduction only on the first year. Good on VA, FNMA and FHA loans!
This is a great incentive for buyers to enjoy a temporary rate reduction on their interest rate all while getting into the home they want. Talk with your AE about this program.
- 30 year Fixed Rate Mortgages
- Primary Residences only
- Single Family Residences, PUD and Condos
- VA, FNMA and FHA – No DPA allowed
- High Balance available
- FNMA HomeReady option available
- Purchase Transactions only
- Term: 24 months (2-1)
- Term: 12 months (1-0)
- Borrower(s) are Qualified off Note Rate not buydown rate
- Buydown cost is paid by Seller/Builder concessions
- Seller Concessions are different by loan program, check your matrix or speak with your Account Executive.
Take advantage of offering this 2-1 and 1-0 Buydown program to your clients! Restrictions apply so contact your Account Executive for more details
Temporary Buydown Calculator
Please contact your Account Executive for more information.