What is a 2/1 Rate Buy Down and How to Get One

2022-12-04T14:11:19-07:00By |2/1 Buy Down, Interest Rates, Lenders, Mortgage, Mortgage Lenders, Real Estate|

Securing a mortgage can be a daunting task and the complex language and terminology associated with the process can make it even more confusing. The 2/1 rate buy down is a type of mortgage that is used to reduce a borrower's initial interest rate for the first two years of their mortgage. With this comprehensive guide, you will gain a comprehensive