Seller Paid Buydown
September 8, 2022 3:52 pm
LH Lending is excited to offer Seller Paid Buydown programs for Conventional and Government loans!
This program offers a 30-year fixed rate loan with a reduced payment for the first 2 years. The 2/1 Buydown effective reduces the interest rate on the loan by 2% during the first year and 1% the second year.
This program comes with extra upfront costs that are paid by the seller or builder, with their agreement to do so. There are additional details that vary according to each borrower’s unique situation.
Contact us to learn more today!
This post was written by LH Lending