Tagged: Temporary Buydowns

The Detroit-based lender today introduced "Welcome Home RateBreak," a lender-paid 2-1 temporary buydown program.

Western states lead in adoption as homeowners seek short-term relief.

LoanStream introduces buydowns for Non-QM borrowers offering more flexibility.

Says its new offerings should help potential homebuyers, and especially first-time buyers.

The ‘Lock & Drop' program offers a 1% rate reduction over the first year of a mortgage.

Offering 3-2-1 and 2-1 buydown options.

Announcement follows November expansion of program.

Now offers 2-1 and 1-0 seller-paid buydowns on its core loan products.

Options offer borrowers a reduced interest rate in first years of a loan.