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🏠 Understanding the 2/1 Buydown Mortgage Rate Reduction 📉
Navigating the world of mortgages? With rising interest rates, the 2-1 buydown has become a hot topic. This video breaks down the concept of a 2-1 buydown mortgage, offering clarity on how it provides financial flexibility, especially for first-time homebuyers or those on a tight budget. Discover the advantages, such as initial lower interest rates 💰 and easing into larger payments, alongside the challenges like the upfront payment. Plus, we debunk common myths, like qualifying for larger mortgages. 🚫 Equip yourself with the knowledge to make informed decisions about your home financing journey. Dive in to learn more! 🎥
📒 Show Notes and Resources 📒
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Looking at buying a house?
Schedule a FREE mortgage consultation with me:
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Own a home? Or want to know what it's worth in detail? Maybe thought about refinancing?
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Are you currently in or anticipating a divorce and own a home? You will want to speak with a mortgage trained divorce specialist well before agreeing to anything in court.
Set up your FREE divorce mortgage consultation to know exactly how the mortgage will impact your divorce and what you can do about it:
✅ Schedule here: https://calendly.com/financewithfoss/divorce-mortgage-consultation
👉 REALTORS, WANT TO WORK TOGETHER OR LEARN MORE ABOUT VIDEO EDITING, SOCIAL MEDIA, BUSINESS GROWTH & MY OTHER AGENT CLASSES?
✅ I teach various types of classes to new & seasoned realtors (and teams) about how to grow your business with different social media platforms as well as editing tips. Schedule a one-on-one session with me!
👉Go to: https://calendly.com/financewithfoss/realtor-meeting
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