
In Loans - Asked by Admin - 5 months ago
A buy down means you obtain a lower interest rate, buy down the rate, by paying more points to the lender. The lower rate can apply to the full term of the loan or just a few years of the loan. A buy down may be necessary for people who may not qualify b
Answered by Admin - 5 months ago
Tags: buy down, interest rate, loan rate, what is a buy down?
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