– AAA Lendings Temporary Buydown – AAA Lendings Detail:
Overview
A buydown is a way for a borrower to obtain a lower interest rate by paying discount points at closing. In the case of discount points, the interest rate is lower for the loan term.
* For Conforming & High Balance Loan
Loan Scenario
· 2-1 Buydown
· 30 Years Fixed
· Note Rate 7.000%
· Loan Amount $500,000 * Max. seller credit 2.5% to cover buydown rate cost
| Year 1 | Year 2 | Year 3, 4, 5, … | |
| Interest Rate | 5.000% | 6.000% | 7.000% |
| Mthly PMT | $2,684.11 | $2,997.75 | $3,326.51 |
| Mthly PMT Saving | $642.40 | $328.76 | / |
· Loan amount · Att-Condo w/term >15 Yr & LTV >75% – 80% (-0.750)
· 2-4 Units w/all terms & LTV≤80% (-1.000)
· Subordination CLTV· High Balance LTV >60% – 75% (-0.750), >75% – 90% (-1.000)
· 45 day (-0.149), 60 day (-0.250)
· Eligible Account Source -Contributor is from only Seller/Builder. Other interest parties contributions depends on lender approval.
★Buydown cost depends on the total annual mortgage payment difference between the buy-down rate and note rate.
★Lender Fee same as the Agency Program.
Product detail pictures:
Related Product Guide:
Our commitment to transparency goes beyond the initial stages of the mortgage process. We ensure that you have a clear understanding of your mortgage terms, including interest rates, fees, and closing costs. There are no surprises on the closing day. We're dedicated to providing you with straightforward, jargon-free explanations, so you can confidently navigate the financial aspects of your home purchase or refinance. – AAA Lendings Temporary Buydown – AAA Lendings , The product will supply to all over the world, such as: Tajikistan, Liverpool, America, We look forward to hearing from you, whether you are a returning customer or a new one. We hope you will find what you are looking for here, if not, please contact us immediately. We pride ourselves on top notch customer service and response. Thank you for your business and support!
By Sara from Kenya - 2018.09.23 18:44 The company can keep up with the changes in this industry market, product updates fast and the price is cheap, this is our second cooperation, it's good.
By Matthew Tobias from Georgia - 2018.10.01 14:14 
