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A mortgage banker may offer you a 3-2-1 Temporary Mortgage Rate Buy-down. This program is designed to help lower a borrower’s monthly mortgage payment during the first few years of the loan.
By Romik YeghnazaryA mortgage banker may offer you a 3-2-1 Temporary Mortgage Rate Buy-down. This program is designed to help lower a borrower’s monthly mortgage payment during the first few years of the loan.