Save $300-$400 Per Month on Your Mortgage | Temporary Buydowns Explained
One of the most valuable financing tools available in today's market is the Temporary Buydown, yet many buyers—and even some real estate professionals—don't fully understand how it works. In this video, I break down the differences between a permanent rate buydown and a temporary buydown, explain how a 1-0 buydown can reduce a buyer's monthly payment during the first year of homeownership, and show how seller concessions can be strategically used to create immediate savings without reducing the purchase price. Here's what you'll learn: What a permanent rate buydown is and when it makes sense How a temporary buydown works How a 1-0 buydown can lower monthly payments by $300-$400 per month How the buydown funds are set aside and applied each month Why temporary buydowns have become such a powerful negotiating tool How seller concessions can be used to fund the buydown Information about current UWM temporary buydown opportunities As inventory levels increase a...