Let's walk through how you can actually buy down your interest rate! You can save hundreds, if not thousands of dollars by buying down your interest rate. But, there are some limitations to how much seller concessions you can receive, based on your loan and down payment. Let's also walk through the numbers of buying down your interest rate.
Today we're talking about a permanent buy down or really even any kind of seller concession and a limitation on the amount that you can get in order to buy that rate down. For conventional loans, whether you're buying it as a primary home or a second home, we're going talk about investments. With a primary home or second home, it depends on how much money you're putting down. So when you are putting down less, you can get less of a seller credit to help give you that rate. Buy down advantage. Let's talk through some of those numbers.
Listen to this 5 minute episode of The Double Comma Club, "Can I Buy Down My Interest Rate?"
----more----
Connect on social media:
Follow me on FB: https://www.facebook.com/theruethteam/
Twitter: https://twitter.com/nicolerueth
LinkedIn: https://www.linkedin.com/company/theruethteam
YouTube Channel: https://www.youtube.com/channel/UCPMdb94tUNMMsUTgdWRMDKw
Denver Metro Market Trends July 2020 - Get Those Sellers Moving
Lower Interest Rates Have More Benefits Than You Realize
Competitors aligning, fun with your team and riding the wave of change.
Colorado New Home Construction Trends and Recommendations
Your first real estate investment, it really is that easy.
Deeper Conversations Lead to Stronger, Longer Business Relationships
Offer Safety and Security, Not Bricks and Sticks.
Denver Metro Market Trends June 2020 - Whose Market Is It?
Back to Basics to Build Your Long-term Value to Your Clients
The Market is Rebounding
Real Estate is Essential, Realtors are Not
Forbearance Waiting Period Issue Solved Through FHFA
Stop Pivoting and Double Down on Who You Are as an Agent
What to expect in Q3 Since Our Usual Upswing Isn't Happening
What you weren't told would be the results of that forbearance that was so easy to get.
Buyers and Sellers are Ready, but on Their Terms
An Agent Using Change as the Opportunity to Gain Market Advantage
Agents let your list know, I'm here, I'm informed, I'm an expert.
5 Agent Tips to Keep Your Edge and Your Humanity
Safehouse Denver Needs Supplies
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast