The 2-1 interest rate buydown provides home buyers with an opportunity to qualify for a home mortgage with a larger loan balance when they purchase their home at the outset. While at the same time, enabling the home buyer to potentially purchase a larger home. Or a home with more features. In summary, a home buyer can purchase a larger home, a home buyer can purchase a more expensive home, and/or a home buyer can purchase a home with more “bells and whistles”…each benefit made possible for the home buyer through their wise use of the 2-1 interest rate buydown.
