What is a buydown and how does it help you? | Mortgage Mark

Howdy friends! 🤠 Mark Pfeiffer here, the face of Mortgage Mark! I'm here to help you get your mortgages done smarter, better, and faster. Managing a whip-smart team ready to help you buy your next home. Contact us today to get the best lending experience you'll ever have!
Let's breakdown what the difference is between a permanent and temporary buydown and how they can help you.
Mark Pfeiffer, Mortgage Loan Originator, NMLS# 729612
HomeBridge Financial Services NMLS# 6521
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[@behorganic2233]

You were very correct!

[@kieronspencer164]

Your videos are so straight forward!!! I miss you guys.

[@mortgagemarkpfeiffer]

Glad you enjoy them!

[@SaadatWali-iu9zt]

Best explanation

[@mortgagewithclare]

To ‘buy down’ your interest rate, look for ways to reduce the amount of interest you pay. This could include talking to your lender about interest rate reductions, shifting higher-interest debt to lower-interest loans, or consolidating multiple accounts. Doing so can help you save on overall interest payments and work towards your financial goals faster!

[@williamrgrant]

Great explanation.

[@gotmula760]

Well, that aged well lol jk

[@kalebbryce]

Agreed lol