2-1 Buydown

For interested party contributions to lower borrower cost for the first 2 years

Purchase transactions only
Eligible for primary residences
30 year fixed rate only
Buydown fee may be paid by seller or builder but must be written into the contract

Available on the following programs:

Min FICO

640

(680 minimum Platinum Jumbo)

Max LTV

80%

A 2-1 buydown provides a two-year reprieve from elevated rates for borrowers, expanding your reach to more potential underserved clients.