TEMPORARY BUYDOWN
LOWER INTEREST RATE. SMALLER PAYMENT. MORE CASH IN YOUR POCKET.
Get it all with a temporary buydown.
You found it—the perfect home. But what about interest rates and payments? Can you make it work? Fidelity Bank can get you home with a temporary buydown on your fixed rate mortgage.*
With a buydown you’ll enjoy:
- Lower monthly principal and interest payments for the first one or two years of your loan.
- Additional cash early in your mortgage for the projects needed to make your new home perfect.
- Peace of mind knowing you have as much as two years to ease into your full payment.
BUYDOWN OPTIONS
2/1 BUYDOWN
Your interest rate is reduced by 2% in year one and 1% in year two before adjusting to the original interest rate in year three.
1/0 BUYDOWN
Your interest rate is reduced by 1% in year one before adjusting to the original interest rate in year two.
THE TIME IS NOW.
Don’t wait, hoping that interest rates will come down. Ask our experienced home lenders about reducing your payments with a temporary buydown.
*Buydown options are only available for fixed-rate home purchases. Seller must fund the buydown through an escrow. Certain mortgages may not be eligible. Loan is subject to approval. Interest rates and program terms are subject to change without notice.
