What Are the Pros and Cons of a 2 – 1 Buy Down?

Mortgage 101

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Are you worried about your monthly mortgage payments? A 2/1 buydown could be the solution for you!

Discover how the 2-1 Buydown loan program can help you lower your mortgages payments for two years with a credit from both the seller and buyer in this video. Plus, learn all of what you need to know about whether or not it’s right for you.

If you can’t afford the payment without the buydown, you should consider buying a less expensive home or making lifestyle changes that allow you to better budget your investment as a homeowner.

Did you learn something new? Let us know in the comments below!

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Important Timestamps:

0:34 Pro #1 – Lower Payments

1:05 Con #1 – Buydown Fees = Savings

1:35 Pro #2 – Refinancing

2:14 Con #2 – Interest Rates Unknowns

2:22 Pro #3 – Budget for the Future

2:47 Con #3 – Unknown Affordability

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What Are the Pros and Cons of a 2 – 1 Buy Down?

Video Description

View our Recent Videos

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3 Reasons To Refinance

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10 Steps To Buying A Home

Meet Matt Stout

More than just another mortgage broker

Applying is only a few clicks away

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