What is a 2-1 Buy down?

2-1 buy downs are super hot right now 🔥

But what exactly is a 2-1 buy down? AND how can it help you as a buyer or seller?

A 2/1 buy down gives buyers extra flexibility with a lower monthly payment for the first two years of their loan.

Sellers‼️ This might be something buyers find more valuable than a price drop, as every thousand dollars financed equals about $6/month. Offering a temporary buy down could save both you and the buyer.

Have questions? Reach out to a @hokelrealestateteam realtor and we can connect you with a lender for more information