Temporary Rate Buydowns

Temporary rate buydowns (such as a 1-0 or 2-1) can lower your payment for the first year or two. The cost is paid at closing by the seller, builder, or a lender credit, if available. After the buydown period your payment rises to the full note-rate payment, and you must qualify at the full rate. Availability depends on the program and the lender. Not a commitment to lend. Call 954-817-0999 to see whether a buydown fits your purchase.