Jim Potts

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What To Know About The 2-1 Buydown Program

February 14, 2023 by Jim Potts

You are probably excited to close on your home, but you may have also seen that your interest rate might be a bit higher. If you are looking for a way to save money, particularly if you have a lot of work to do on the home, you might be looking for a way to reduce your interest rate during the first couple of years. One option is to perform a 2-1 buydown. What do you need to know about this option, and how do you know if it is right for you?

Filed Under: Loan Tips Reno Tagged With: 2-1 Buy down, Mortgage

Jim Potts

Jim Potts


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