Do you know how to talk about temporary buydowns?
Do you have buyers trying and trying to get in to a home but struggling to come to terms with their monthly payment now that rates have shot up? When it’s available, a temporary buydown can go a loooong way to easing a buyer’s mind about their payment. We use a recent article from USA Today to outline how you should be using this method to coach your buyers and clients.
Watch the episode about temporary buydown tips:
Read to the original article from US Today here.
Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.
You must be logged in to post a comment.