2-1 buydown Kentucky Mortgage Loans for FHA, VA, USDA, and Fannie Mae.
Temporary buydown of interest rate for Kentucky Mortgage Loans
We are excited to announce our new Temporary Buydown Programs:
Lower Rates & Payments = More Purchase Referrals for you!
We’re here to help strengthen your professional relationships and increase your purchase business with our new
temporary buydown programs. Connect with your builder and real estate agent partners to see how this incentive
could give your borrowers access to temporary lower rates, monthly payments and increases their motivation to
buy. They could also potentially save thousands of dollars in the first few years of their loan!
See the rate benefits below and the attached Buydown Calculator for your use.
2% lower interest rate in the first year
1% lower interest rate in the second year
1-0 Temporary Buydown
1% lower interest rate in the first year
A few important things to keep in mind:
Our buydown program is for the following fixed rate purchase loan types: Conventional, FHA, VA
and USDA. It’s funded by an escrow account carrying a credit balance, which can only be
contributed to by the seller or builder seller, and it is subject to maximum seller contribution.
The borrowers must also qualify at the Note Rate, not the Buydown Rate.
Have Questions or Need Expert Advice? Text, email, or call me below:
Mortgage Loan Officer
Individual NMLS ID #57916
American Mortgage Solutions, Inc.
10602 Timberwood Circle
Louisville, KY 40223
Company NMLS ID #1364
The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people.
NMLS ID# 57916, (www.nmlsconsumeraccess.org).