🏠 Want to ease into your mortgage payment while rates are high? A temporary interest rate buy-down might be the perfect solution — and right now is the ideal time to use it.
In this video, RJ Baxter from Choice Mortgage Group explains the temporary buy-down, AKA 2-1 buy-down:
Year 1: Your interest rate is 2% lower
Year 2: Your rate is 1% lower
Year 3 onward: You pay the full fixed rate
💡 Why it matters:
In today’s buyer’s market, sellers are often willing to cover the cost of the buy-down as part of your purchase negotiation. That means you could enjoy a much lower payment in the first two years, giving you breathing room to refinance later if rates drop.
⚠️ No one can predict rates, so always plan for that full payment in year 3 — but this strategy can be a powerful bridge.
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Curious what your rate will be for your home purchase or refinance? Call me today at ➡️ 303-670-0137 ☎️ or email rbaxter@choicemortgage.com.
🌎 Learn more about us at: http://www.cohomesandloans.com AND be sure to give us a call at 303-670-0137 or or email rbaxter@choicemortgage.com to see if we can help you on your home loan journey.
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MORE VIDEOS
📺 Videos For Agents: https://www.youtube.com/playlist?list=PLfy6bljBU-zBuRHC0lCGbGFMj4hCT_5HN
📺 Videos for Home Buyers: https://www.youtube.com/playlist?list=PLfy6bljBU-zBZdv0Ph_3RFvHuCFB7obB7
Make sure to like, comment, and subscribe for more mortgage insights and updates! 🏠✨
🏡 Brought to you by: Choice Mortgage Group
9200 E Mineral Ave #100, Centennial, CO 80124
NMLS #395819, CMG NMLS #2275407
Equal Housing Opportunity
www.nmlsconsumeraccess.com
🔍 Disclaimers: The information in this video is for educational purposes only and is not guaranteed or endorsed by the company or any mentioned entities. Always consult with a professional mortgage advisor for your unique situation.
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