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1 Home Buy Down Loan Program Applicant Packet Your First Kictribe  Form

1 Home Buy Down Loan Program Applicant Packet Your First Kictribe Form

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hey Kyle here with winthehouselylove.com as interest rates have increased a lot recently and made homes more unaffordable with their monthly payment a program has popped up that a lot of people are talking about called a 2-1 buy down so in this video I'm going to show you how a 2-1 buy down Works in detail I'm also going to give you a free 2-1 buy down calculator the link is in the description for that I'm gonna let you know if you should use it show you some pros and cons and also give you some alternatives to consider because a lot of people are kind of pushing this program so first just a really quick overview the way that this works is it basically is showing you a rate reduction in the first two years okay so for instance let's say that right now on a normal loan you would be getting a seven percent interest rate okay so this is going to be what's called our note rate now seven percent is going to start in year three through Thirty okay the way the two one buy down works is that i

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