Temporary Buydown Options

A temporary buydown is a way to use cash from seller (seller assist) to temporarily reduce the borrower’s mortgage payment. The Buydown/Subsidy funds are deposited into an account, similar to escrows, and held by the mortgage servicer.​ The borrower’s monthly mortgage payment is supplemented with the subsidy funds for the term of the buydown (i.e., 36 or 24 months).

Loan Details:

  • Fixed Rate, Conventional Loan​
  • Primary Residences​
  • Single Family Residences, PUD and Condos​
  • Purchase Transactions only​
  • Seller/Builder funded buydown

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