3-2-1 Buydown Mortgage Loans: Lower Your Payment for the First 3 Years
A 3-2-1 buydown lowers your mortgage rate for the first 3 years — and the seller often pays for it. Here’s exactly how it works, who benefits, and what to watch out for.
A 3-2-1 buydown lowers your mortgage rate for the first 3 years — and the seller often pays for it. Here’s exactly how it works, who benefits, and what to watch out for.