– AAA Lendings Temporary Buydown – AAA Lendings Detail:
				
		Overview
	
A buydown is a way for a borrower to obtain a lower interest rate by paying discount points at closing. In the case of discount points, the interest rate is lower for the loan term.
* For Conforming & High Balance Loan
		Loan Scenario
	
The First Year Rate is 4.375%
· 2-1 Buydown
· 30 Years Fixed
· Note Rate 6.375% (Note rate quotes as of 11/21/2022, subject to market change)
· Loan Amount $500,000  * Max. seller credit 2.5% to cover the cost (including buydown rate)
| Year 1 | Year 2 | Year 3, 4, 5, … | |
| Interest Rate | 4.375% | 5.375% | 6.375% | 
| Mthly PMT | $2,496.43 | $2,799.86 | $3,119.35 | 
| Mthly PMT Saving | $622.92 | $319.49 | / | 
· Loan amount < $150,000 (-0.500)
· Att-Condo w/term >15 Yr & LTV >75% – 80% (-0.750)
· 2-4 Units w/all terms & LTV≤80% (-1.000)
· Subordination CLTV<80% (-0.375) , CLTV≥80% (-1.250)
· High Balance LTV >60% – 75% (-0.750), >75% – 90% (-1.000)
· 45 day (-0.149), 60 day (-0.250)
· Eligible Account Source -Contributor is from only Seller/Builder. Other interest parties contributions depends on lender approval.
★Buydown cost depends on the total annual mortgage payment difference between the buy-down rate and note rate.
★Lender Fee same as the Agency Program.
Product detail pictures:
Related Product Guide:
Our commitment to transparency goes beyond the initial stages of the mortgage process. We ensure that you have a clear understanding of your mortgage terms, including interest rates, fees, and closing costs. There are no surprises on the closing day. We're dedicated to providing you with straightforward, jargon-free explanations, so you can confidently navigate the financial aspects of your home purchase or refinance. – AAA Lendings Temporary Buydown – AAA Lendings , The product will supply to all over the world, such as: El Salvador , Egypt , venezuela , Merchandise have been exported to Asia, Mid-east,European and Germany market. Our company has constantly been able to update the items performance and safety to meet the markets and strive to be top A on stable quality and sincere service. If you have the honor to do business with our company. we'll undoubtedly do our very best to support your business in China.
 By Phoenix
 from
                                Hungary
 -
                                2018.11.28 16:25
 By Phoenix
 from
                                Hungary
 -
                                2018.11.28 16:25
                            The customer service staff's attitude is very sincere and the reply is timely and very detailed, this is very helpful for our deal,thank you.
 By Priscilla
 from
                                Iraq
 -
                                2018.09.16 11:31
 By Priscilla
 from
                                Iraq
 -
                                2018.09.16 11:31
                            

 
				



