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*If you’ve locked in a 7.000% interest rate, the 2-1 Buydown Program would allow you to make monthly payments at a 5.000% interest-rate for the entire first year of your mortgage. Then, in year two, your payments would be based on a 6.000% interest rate. Finally, once you hit year three and for the remaining life of your loan, your payments would reflect your originally agreed upon 7.000% interest rate.
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This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.