2-1 Buydown Program

Buy a home with a lower interest rate for the first 2 years!*

Your mortgage interest rate starts at 2% below the actual rate for the first 12 months, and 1% below the actual rate for the next 12 months. After the 2-year buydown, this is a fixed rate for the remainder of the loan term.

Benefits

1st & 2nd year payments are lower due to the reduced interest rate

After the 2-year buydown this is a fixed rate for the remainder of the loan term

All VA, USDA, Conventional & FHA purchases are eligible

Qualifications

Must qualify at the actual interest rate, not the temporarily reduced interest rate

Cost of buydown must be paid by the seller or builder

Must meet all other agency guidelines

Eligible Loan Types

Conventional Agency Fixed Rate (including super conforming / high balance)

Portfolio Fixed Rate

FHA Fixed Rate

VA Fixed Rate

Home Ready / Home Possible

Eligible Property Types

Conventional Agency: 1-4 unit primary residence, 1 unit second home, 1-4 unit investment

Home Ready / Home Possible: 1-2 unit primary residence

FHA / VA: 1 unit primary residence

01 Checkup A 15-minute conversation

02 Diagnosis Programs matched to you

03 Prescription We handle the paperwork

04 Closing Keys or savings, delivered

Related programs

First-Time Homebuyer Programs Minimal down payment, credit as low as 580+. Learn more → VA Loans for Veterans No down payment, no mortgage insurance. Learn more →

People Over Profit.

You can buy a home. We can help.

Doc values people over profit, even though the best things in life come with a fair price. Call to learn more about how these loan programs can help you qualify.

Call (917) 417-5189 Prefer email? kdocteur@unitedmortgage.com