⁉️ What is a 3-2-1 buydown?

You’re probably familiar with buying discount points, which is paying an upfront fee to lower your mortgage rate permanently. A 3-2-1 buydown is similar but only temporarily lowers your mortgage rate. If you’d like to understand more about how these and other mortgage products work, just DM me! #thehelpfulLO #home #house #listreports #themoreyouknow #investment #finances #smartmoney #mortgage #loanofficer #realestate