Understanding Temporary Buydowns
Overview
Higher interest rates have prompted buyers to start considering temporary buydowns. In this 30-minute session, we will help you understand the mechanics of both a 2-1 and 3-2-1 buydown. These options are becoming increasingly popular and it’s important to understand them and how they can benefit your borrowers.
Who should attend?
- Loan Officers
- Loan Processors
- Underwriters
- Quality Control Staff