Episode 11 - Temporary 2/1 Buydowns are “All The Rage”
In this episode Nelson explains the very popular 2/1 (Temporary) interest rate buydown and compares it to the concept of a permanent buydown, also known as paying points. These are powerful options to reduce your monthly payment and make home-ownership more affordable for first-time buyers and those looking to move up to their next home, but which one is right for you? Listen to this episode for some wise advice for structuring your best possible mortgage option!