Jennifer's News

As a homebuyer in today's fluctuating market, you might be hesitant to commit until interest rates stabilize. However, a temporary buydown could be your secret weapon for making homeownership more affordable now while keeping your options open for the future. How Temporary Buydowns Work to Your Advantage A temporary buydown, like a 2/1 buydown, lowers your interest rate for the first two years of your mortgage. This means lower monthly payments when you need them most ... right after purchasing your home. The Hidden Benefit: Potential Refund on Early Payoff Here's an exciting feature many buyers don't know about: If you sell your home before the buydown period ends, you may be entitled to have the unused portion of the buydown applied to your loan principal. This means you don't lose out on the benefits you've paid for, even if your situation changes. Flexibility in a Changing Rate Environment If interest rates continue to drop, you can still take ...

As a homebuyer in today's fluctuating market, you might be hesitant to commit until interest rates stabilize. However, a temporary buydown could be your secret weapon for making homeownership more affordable now while keeping your options open for the future. How Temporary Buydowns Work to Your Advantage A temporary buydown, like a 2/1 buydown, lowers your interest rate for the first two years of your mortgage. This means lower monthly payments when you need them most ... right after purchasing your home. The Hidden Benefit: Potential Refund on Early Payoff Here's an exciting feature many buyers don't know about: If you sell your home before the buydown period ends, you may be entitled to have the unused portion of the buydown applied to your loan principal. This means you don't lose out on the benefits you've paid for, even if your situation changes. Flexibility in a Changing Rate Environment If interest rates continue to drop, you can still take ...