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What Is A 2-1 Buydown And How Does It Work?

The 2-1 Buydown is a loan program that helps you lower your first 2 years of mortgage payments by using a credit from the seller and the buyer. I cover the details of the 2-1 Buydown in this video, if you should get one, and the alternatives to a 2-1 Buydown. 2-1 Buydown Calculator ➜ https://www.winthehouseyoulove.com/bu... ► ► Get Pre-Approved With My Team → https://www.winthehouseyoulove.com/le... ► ► Get An Agent Referral → https://www.winthehouseyoulove.com/agent TOP RESOURCES 📄 Let Us Beat Your Loan Estimate → https://www.winthehouseyoulove.com/co... 📉 Today’s Rates → https://www.winthehouseyoulove.com/rates 🏡 Max Purchase Price Calculator → https://www.winthehouseyoulove.com/ma... 📅 Complete Buying Timeline → https://www.winthehouseyoulove.com/ti... 📊 Loan Comparison Calculator → https://www.winthehouseyoulove.com/ad... 👩🎓 Lower Student Loan Payments → https://www.winthehouseyoulove.com/st... 💳 Credit Score Simulator → https://www.winthehouseyoulove.com/cr... 0:00 2-1 Buydown Loan Requirements 0:12 In this video 0:29 Overview 3:19 How it usually works 4:29 2-1 Buydown Calculator 9:06 Basic Requirements 11:26 Something to consider 12:13 Alternatives 13:44 ARM - Adjustable Rate Mortgage 14:07 Should you use it? 16:57 How to get one? Kyle Seagraves - NMLS 1701021 Only for educational usage. All calculations should be verified independently. Win The House You Love LLC is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This is not an offer to lend and should not be used to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, nor real estate advice. Read the full disclaimer here: https://www.winthehouseyoulove.com/di...