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2-1 Buydown
Qualify more borrowers: 2-1 Buydown
The most secure adjustable rate mortgage isn't an adjustable at all - it's a 2-1 Buydown! You have 2 options: Lender Funded Buydowns utilize the Yield Spread Premium to pay for the interest rate Buydown or a Seller Paid Buydowns utilizes funds from your seller! Both options reduce the monthly payment for your borrower for the 1st 2 years! Click on the link below for more details or Contact your Account Executive for training.
FHA/VA Mortgages
They have great Niches!
FHA and VA mortgages still offer incredible "Niches" in our market today. You can use non-occupant co-borrower income to qualify (combined ratios), no minimum reserve requirement, cash-out up to 85% and more. Click on the link below for more details or Contact your Account Executive for training.
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