Our temporary buydown program allows your builders to pay towards the future interest of your loan for the first two years of your mortgage. This program will reduce your mortgage interest rate by 2% for the first year and 1% for the second year. Every year following, your interest payment will stay the same. This program can be utilized for Conventional, FHA, and VA loans. The figures provided are based off a Conventional loan with a 5% down payment. Assuming a qualifying borrower with a 740 or higher credit score. Monthly payment includes estimated taxes, insurance, and mortgage insurance.
Primary Residential Mortgage, Inc. has a variety of loan products to help you get into the home of your dreams. One of our experienced loan officers will discuss your current financial situation and find the best product for you and your family.
*Dan Ryan Builders’ pricing, terms, conditions, and home availability are subject to change without notice. All images are for illustrative purposes only and individual homes, amenities, features, and views may differ.