2-1 Buydown

Get a Lower Interest Rate Up to 2% At the Start of Your Loan!

Use seller concessions to get a Temporary Rate Buydown

Did you know that seller concessions can mean a much smaller mortgage payment? Use them toward a Temporary Rate Buydown to lower your interest rate at the beginning of your loan…giving you breathing room for repairs, savings and more.

 

With a temporary buydown, you'll be able to have a lower monthly payment to start out with. Use the seller-paid 1- and 2-year buydown options to take advantage of a lower rate and gain extra flexibility with a lower monthly payment.

Seller-paid 1- and 2-year buydown options

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*The Annual Percentage Rate (APR) is 6.061% with estimated finance charges of $8,300. The principal and interest payments, which will continue for 360 months until paid in full, do not include taxes and home insurance premium, which will result in a higher actual monthly payment. Rates current as of 8/16/2022. Subject to borrower approval. Some exclusions may apply.

Information is subject to change. Certain restrictions apply. Subject to borrower approval.

NMLS 184302

Source: https://www.uwm.com/price-a-loan/exclusives/products/temporary-rate-buydowns