What is old is new again, meet the 2/1 BuyDown. A 2-1 BuyDown is a type of financing that lowers the interest rate on a mortgage for the first two years before it rises to the regular, permanent rate. The rate is typically two percentage points lower during the first year, and one percentage point lower in the second year. Listen in as Danielle and Victor break it down with a slideshow examples and the benefits.
Show Links
For more information, follow the links below.
Victor Bals - Sales Manager, Sr. Loan Officer NMLS #162273
VictorBals.com
Facebook: https://www.facebook.com/VictorBalsTeam
Instagram: https://www.instagram.com/victorbals/ 
Danielle Boote - Branch Manager/Sr. Loan Officer NMLS #170173
DanielleBoote.com
Facebook: https://www.facebook.com/DanielleBooteMortgageBanker
Instagram: https://www.instagram.com/mortgageswithdanielle/
Thank you to our sponsor!
Website: AssistMyRealtor.com
Facebook: https://www.facebook.com/assistmyrealtor
YouTube: https://www.youtube.com/channel/UCDSKvim5NsiiEUbm3kQVGqw
Instagram: https://www.instagram.com/assist.my.realtor/
LinkedIn: https://www.linkedin.com/in/assist-my-realtor-8101a5133/