Imaging being able to lock in your interest rate today for the next 30 years. However, in year one - your rate will be 2% lower. In year two, your rate will be 1% percent lower and by year three it adjusts upwards to the original rate when you purchased your home.
A 2-1 buydown is great tool to use to help ease a homebuyer into today’s housing market. It’s also a great incentive for a seller to offer a buyer as a reason to buyer their house. There’s nothing new about a 2-1 buydown, what’s new is it’s usefulness in todays market. Homebuyers, realtors, LOs and home sellers will all benefit from this episode.
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Episode 312: The Relationship Between Realtors and Mortgage Lenders
Episode 311: VA and FHA Home Loans Just Got Cheaper
Episode 310: The Power Of The Right Offer
Episode 309: 5 Lessons to Learn From CEOs
Episode 308: When To Hire A Coach
Episode 307: How Do Realtors Get Paid?
Episode 306: Prepare For The Chaos
Episode 305: 5 Proven Strategies to Make This Year Your Best
Episode 304: Mortgage Qualification Just Got Harder
Episode 303: Quit Dating Your Career
Episode 302: How To Buy Homes For Your College Kids and Adult Dependents
Episode 301: What Are Loan-Level Pricing Adjustments (LLPAs)?
Episode 300: Making Millions In The First 5 Years As a Mortgage Loan Originator
Episode 299: Be Boring. Become Successful!
Episode 298: Career Advice, Podcasting and Team Building w/ Ian MacDonald
Episode 297: Real Life Coaching For Sales Professionals
Episode 296: How To Cut Your Student Loans In Half
Episode 295: How to Break Into The Mortgage Industry
Episode 294: Housing and Mortgage Interest Rate Predictions
Episode 293: Interest Rate Discounts For Homebuyers
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