3 hours What Is a 2-1 Buydown Mortgage? Benzinga

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A 2/1 buydown program is a mortgage financing option that provides a lower interest rate for the first two years of the loan term. Are you looking for options to make lower mortgage payments for the first couple of years? Consider a 2-1 buydown mortgage. This type of financing lowers the interest rate on a … Continued

The post What Is a 2-1 Buydown Mortgage? by Alison Plaut appeared first on Benzinga. Visit Benzinga to get more great content like this.