Buyer Incentives
Up to $8500 in Rate Buydowns Available!
The seller is offering a rate buydown for the first four units sold as an incentive to make these even more affordable!
This reduces the monthly payment for the buyer by lowering the interest rate by 2% for the first year, by 1% for the second year with an ability to refinance in the third year if desired:
Example 1: 20% down 2/1 buydown: Saves up to $434/mo in 1st year, $222/mo in 2nd year. See full breakdown.
Example 2: 10% down 2/1 buydown: Saves up to $488/mo in 1st year, $250/mo in 2nd year. See full breakdown.
Example 3: 5% down 2/1 buydown: Saves up to $515/mo in 1st year, $264/mo in 2nd year. See full breakdown.
Example 4: 3% down 2/1 buydown: Saves up to $526/mo in 1st year, $269/mo in 2nd year. See full breakdown.
Questions about these buyer incentives? Contact Allison Rankin: (303) 881-1816 | allison@allisonrankin.com
What is a temporary buydown?
The temporary Buydown program uses funds from the seller to reduce the monthly payment for the buyer by lowering the interest rate for up to three years.
The buydown funds go towards establishing an escrow account that lowers your monthly payment, effectively lowering the interest rate for the time period.
If you refinance before the temporary rate buydown term expires, the remaining funds in the escrow account are applied to your remaining mortgage balance.
Rates and reductions are not guaranteed and subject to change based on buyer’s qualifications. A preferred lender is working with seller to provide opportunity. Reach out to broker to be connected.
