Real Estate Glossary



  Buydown Mortgage

A temporary buydown is a mortgage on which an initial lump sum payment is made by any party to reduce a borrower's monthly payments during the first few years of a mortgage. A permanent buydown reduces the interest rate over the entire life of a mortgage.



 

[ Back To Real Estate Glossary ]

Oh By The Way..... If you know of someone who would appreciate my services, please call me with their name & number. There is no greater compliment than your referral!


NEIGHBORHOOD INFO | HOME | FEATURED LISTINGS | JEREE, SEARCH FOR ME! | HOME BUYING | COMMUNITIES | HOME SELLING | ABOUT ME | YOUR HOMES VALUE | BUYER/SELLER TIPS | PAYMENT CALCULATOR | GET PRE-APPROVED | LEASE/RENTALS | APARTMENT SEARCH | SCHOOL FINDER | LOCAL NEWS/WEATHER | AREA SEARCH BY MAP | GOLF COURSE FINDER | REAL ESTATE NEWS | ALL MLS LISTINGS | Testimonials | Contact VIP
Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu