How does a 2/1 Interest Rate Buy-Down really work?

How does a 2/1 Interest Rate Buy-Down really work? As mortgage interest rates increase more home buyers and sellers are asking this question. We look at the benefits of the 2/1 interest rate buy-down program and the local Orlando real estate market. We will try to answer all these questions and more...

2/1 Interest Rate Buy-Down Calculator: https://bit.ly/2-1buydown

DID YOU ENJOY? SUBSCRIBE HERE: https://bit.ly/orlbuzz

Need Help Buying Real Estate In Florida?
Email us with questions and your contact information

Joseph Dionne
joe@applihl.com
Managing Partner
Appli Home Loans
www.applihl.com

Or

Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale

*Follow Brenden*
Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos
Facebook: https://www.facebook.com/Brenden.Rendo.Realtor
LinkedIn: https://www.linkedin.com/in/homesinorlandoforsale/

#2/1buydown #interestrates #housingmarket #orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagent #orangecountyfl #homesales #homesellers #homesforsale #homesforsaleinorlando #mortgagerates #realestate #realestatenews #newhomes #newhomesales #realestateinvestor #investmentproperties #appli #nexthome #housingmarket2022 #orlandohousingmarket
00:00 Introduction
00:17 How does 2/1 buydown work?
01:27 2/1 buy-down calculation
02:44 2/1 buy-down total savings
03:47 How are buy-down funds held?
04:18 Do I qualify for more home?
04:56 Will rates come down?
05:42 Do you want to wait for rates to come down?
06:11 Funds can be used for a principle reduction
06:23 What type of loans qualify?
07:26 Does 2/1 buy-down help a seller?