Did you know, when purchasing a new home you could reduce your mortgage payments for the first 2 to 3 years with Buydown Options? To lower your monthly mortgage payment you can utilize a Buydown option using the funds from seller contributions to lower the initial rate of interest you pay each month! Each month a portion of the buydown funds are used to subsidize your mortgage payment.

Program Highlights:

• Available on Conventional, FHA & VA primary home purchases.
• Buydown fee must be paid by the seller.
• Borrower must qualify and meet all guidelines.
• Borrowers can ease their way into a home with lower payments that will gradually increase over the next 2-3  years. The remainder of the term, payments will be made based on the fixed interest rate at time of closing.

CERTAIN RESTRICTIONS APPLY -  EQUAL HOUSING LENDER

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