2-1 Interest Rate Buydown

The 2-1 buydown is a real estate financing technique…an attractive home loan provision whereby funds are set aside in an escrow account at the closing, for the benefit of the buyer. These escrowed funds permit the home buyer to “buy down” the interest rate on their home loan…as the buyer's interest rate is “bought down” for the two-year period. 
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Published on April 22, 2024 20:00
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Ted Ihde author of “Thinking About Becoming A Real Estate Developer?”

Ted Ihde
Today, a real estate developer and a licensed real estate broker, Ted graduated Summa Cum Laude from Bloomfield College.
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