Seth Wallace
Seth Wallace
360-556-3326
Associate Broker
Van Dorm Realty Inc.
Olympia Wa Real Estate
Olympia Homes For Sale, Olympia Real Estate For Sale
Homes and Real Estate Olympia Washington
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  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.



 

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