What Is a 2/1 Buydown? – Explained in this article.
A "2/1 buydown" is a type of mortgage financing arrangement where the borrower receives a temporary reduction in their interest rate for the first two years of the loan, followed…
Investing in Santa Cruz
Investing in Santa Cruz It's a simple fact that is becoming ever more known, investing in real estate makes great money. If you can add to that equation a location…
Mortgage Checklist
The following information is usually required during the loan process: Your Social Security Number Current pay stubs or, if self employed, your tax returns for the past two years Bank…
Mortgage Glossary
2/1 Buy Down Mortgage The 2/1 Buy Down Mortgage allows the borrower to qualify at below market rates so they can borrow more. The initial starting interest rate increases by…
