Temporary Interest Rate Buydown

Home prices are getting higher and higher and interest rates are currently much higher than in recent history. This has put many prospective homebuyers on the sideline because of affordability. Historically, when interest rates become lower, home prices will go up further, so utilizing a seller paid temporary rate buydown allows you to get over that hurdle and purchase your new home comfortably. Im happy to educate you on the different types of temporary interest rate buydowns as well as get you prequalified. This video will cover how the fundamentals of the buydown programs work as well as some of the pros and cons of the buydown. Have a mortgage related question you want answered? feel free to setup an appointment or send an email : https://orrypounders.com/contact-us/ If you would like to talk different strategies, feel free to reach out and we can figure out how to reach your home ownership goals. Orry Pounders