A cash payment made by any party to reduce a borrower's monthly loan payment.
Related information about buydown:
- Buydown - Wikipedia, the free encyclopedia
A buydown is a mortgage financing technique where the buyer attempts to obtain a lower interest rate for at least the first few years of the mortgage. The seller of ...
- Buydown Definition | Investopedia
A mortgage-financing technique with which the buyer attempts to obtain a lower interest rate for at least the first few years of the mortgage, but possibly its entire ...
- What Is a Temporary Buydown? - Mortgage Professor
Oct 27, 1999 ... A temporary buydown is an effective way to use excess cash to reduce the initial monthly payment.
- Buydown - Financial Dictionary - The Free Dictionary
A lump sum payment made to the creditor by the borrower or by a third party to reduce the amount of some or all of the consumer's periodic payments to repay ...
- Mortgage Buy Downs - How to Buy Down a Mortgage
In part, the reason it may sound confusing is because a mortgage buydown rarely ... For many borrowers, a mortgage buydown is more advantageous than ...
- Mortgages with Temporary Subsidy Buydown Plans - Freddie Mac
Temporary subsidy buydown plans are a good fit for borrowers who have the capacity for higher earnings within a few years of obtaining a mortgage. Buydown ...
- Financed Permanent Buydown Mortgages - Freddie Mac
Financed Permanent Buydown Mortgages. Lower monthly payments and no additional cash at closing. Your financially savvy borrowers are always looking for ...
- What Is a Buydown Mortgage? | Home Guides | SF Gate
Someone considering whether to buy down a mortgage may be looking for a lower interest rate and payment. A mortgage buydown is an option to get a ...