|
|
|
| |
Buydown Mortgage A temporary buydown is a mortgage on which an initial lump sum payment is made by any party to reduce a borrower's monthly payments during the first few years of a mortgage. A permanent buydown reduces the interest rate over the entire life of a mortgage.
| |
[ Back To Real Estate Glossary ]
|
Assist-2-Sell
"Full Service with $avings!"®
* Commissions are not set by law. All commissions are negotiable. Any comparisons to a percentage commission, such as 6%, are for illustration and comparison purposes only.
The information herein is deemed to be accurate, but not guaranteed. All information to be verified.
Real Estate Websites by iHOUSEweb, Inc. ®
|
|
