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What is the most popular type of buy down?

In Loans - Asked by Admin - 5 months ago

The most popular type of buy down is the 2-1 buy down. An example of this is with a 9% interest rate the rate will be 7% for the first year and then 8% for the second year, and 9% for the rest of the loan.

Answered by Admin - 5 months ago


Tags: buy down, interest rate, loan rate, what is the most popular type of buy down?

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