2-1 Buydown Offered for 921 S 10th St

What is a 2/1 Buydown?


In short, it's an amount of money the seller pays at close toward the Buydown agreement. Think of it as a pot of money that's set aside for the buyer.


The lender applies a credit from that pot of money toward the interest portion of the buyers monthly payment for the first 24 months.


The first 12 months the buyers payment will reflect an amount as if they had secured a rate 2% Less than current market (at time of close).


Then year 2 (payments 13-24), the payment will Increase and reflect an amount as if they'd secured a rate 1% less than current market at time of purchase.


Year 3 (month 25+), the buyers payment amount due increases to the full amount for the remainder of the loan term.


Text or Call Crystal at 620-200-0840 to learn more about this option.

2-1 Buydown for Buyers Explained

2-1 Buydown for Sellers Explained

"Seriously. Crystal, Tyler and Misti were incredible! I had a ton of questions as this is my first home buying expetience, and they were all answered quickly! I was updated with each new step and Crystal made some very cool videos that explained what happens in these steps! Plus, we are now living in our very own home! Thank you so much!!"

Heatherhutchinson12

"Very impressed with Crystal and her team! They were amazing! Very professional and prompt with communicating and helping me with all my needs. Highly recommend!"

Ttuckerksu

"Crystal was very prompt in answering all of my questions via email or text. She also answered each question thoroughly and provided clarity each time. There were no surprises or issues. She followed up and maintained in contact to keep us informed and in the loop. Crystal made this process very easy for us."

Robinmontano

Primary Residential Mortgage Inc


400 S Main St

Newton, AL 67114

Company NMLS #3094


Crystal Toews


Branch Manager | Loan Officer

NMLS #1142776

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