Selling the 2-1 Buydown

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5 Questions

What was the main concern the speaker had regarding the housing market in the spring of 2022?

Affordability crisis

What is the purpose of the speaker's loan program suggestion to their clients?

To forecast future trends

What is a potential benefit of using a lender subsidized 2-1 buydown?

It allows for negotiation strategies with sellers.

What is the average interest rate over the first 24 months of the loan?

5.5%

What happens to the seller contribution in the event of a refinance within the first 24 months?

It is used to pay for closing costs

"Test your knowledge of loan programs with this quiz! Learn about a lesser-known loan program that caught clients by surprise in 202

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