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What is a 2-1 Buydown Loan and How do They Work

What is a 2-1 Buydown Loan and How do They Work By JULIA KAGAN Updated April 16, 2023 Reviewed by EBONY HOWARD Fact checked by KIRSTEN ROHRS SCHMITT Investopedia / Mira Norian A 2-1 buydown is a mortgage agreement that provides for a low interest rate for the first year of the loan, a somewhat higher rate […]

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Uncategorized What is a 2-1 Buydown Loan and How do They Work What is a 2-1 Buydown Loan and How do They Work By JULIA KAGAN Updated April 16, 2023 Reviewed by EBONY HOWARD Fact checked by KIRSTEN ROHRS SCHMITT Investopedia / Mira Norian A 2-1 buydown is a mortgage agreement that provides for a low interest rate for the first year of the loan, a somewhat higher rate […]

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