Buyer/Seller Info

Tips for Buyers Tips for Sellers Homeowner Information / HOAs
Title & Escrow Real Estate Glossary of Terms Mortgage Information

Real Estate Glossary of Terms


Buydown Mortgage

A temporary buydown is a mortgage on which an initial lump sum payment is made by any party to reduce a borrower's monthly payments during the first few years of a mortgage. A permanent buydown reduces the interest rate over the entire life of a mortgage.

[ Back To Real Estate Glossary ]