Stewart Brown Jr – Mortgage Loan Originator – Purchase or Refinance
| Looking to lower your monthly mortgage payment when buying a home? Consider a 2-1 buydown program. As interest rates rise, temporary buydowns could be beneficial for homebuyers. With a 2-1 buydown, borrowers can get reduced mortgage payments for the first two years of their loan, after which payments return to the regular rate in the third year. In this article, we’ll delve into the details of 2-1 buydowns, including how they work, their advantages, and their potential drawbacks, helping you make an informed decision when buying a home. |
| Looking to lower your monthly mortgage payment when buying a home? Consider a 2-1 buydown program. As interest rates rise, temporary buydowns could be beneficial for homebuyers. With a 2-1 buydown, borrowers can get reduced mortgage payments for the first two years of their loan, after which payments return to the regular rate in the third year. In this article, we’ll delve into the details of 2-1 buydowns, including how they work, their advantages, and their potential drawbacks, helping you make an informed decision when buying a home. |
Reach out to me for further detailed information on 2/1 Temporary Buydown loan programs.