A subsidy paid by a builder or developer to reduce monthly payments on a mortgage.

A technique used to reduce the buyer's payments for a loan by lowering the effective interest rate. A permanent buy-down reduces payments for the entire term of the loan and a temporary buy-down [..]

Cash payment to a lender to reduce the interest rate a borrower must pay on a new mortgage loan. Commonly used by builders to sell new homes.

A situation in which the seller contributes money that allows the lender to give the buyer a lower rate and payment, usually in exchange for an increase in sales price. With a refinance, this could be [..]

A permanent buy-down is the payment of points in exchange for a lower interest rate. See Points

method for lowering the buyer's monthly payment either permanently or temporarily. The borrower or home builder may subsidize the mortgage by lowering the interest rate for the first few years of the loan.

Where the buyer pays additional discount points or makes a substantial down payment in return for a below market interest rate; or the seller offers 3-2-1 interest payment plans or pays closing costs such as the origination fee. During times of high interest rates, buy-downs may induce buyers to purchase property they may not otherwise have purchas [..]

It is the term used when the lender brings down the rate of interest   on the fixed rate mortgage for a temporary period. For the balance period the borrower's payment is calculated at note rate [..]

A method of lowering the buyer’s monthly payment for a short period of time. The borrower or home builder subsidizes the mortgage by lowering the interest rate for the first few years of a loan.

The lender and/or the home builder subsidize the mortgage by lowering the interest rate during the first few years of the loan. While the payments are initially low, they will increase when the subsidy expires.

When the lender and/or the home builder subsidize the mortgage by lowering the interest rate during the first few years of the loan. While the payments are initially low, they will increase when the s [..]

A buy-down refers to the payment of additional discount points in return for a below market interest rate (and therefore a lower monthly payment) on a home mortgage.

When the lender and/or the homebuilder subsidize the mortgage by lowering the interest rate during the first few years of the loan. While the payments initially are low, they will increase when the su [..]

Occurs when the lender, the homebuilder, or both subsidize your mortgage thereby lowering the interest rate during the first few years of the loan. While the payments are initially low, they increase when the subsidy expires.