– 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: Greek , Brazil , Macedonia , Our faith is to be honest first, so we just supply high quality products to our customers. Really hope that we can be business partners. We believe that we can establish long time business relationship with each other. You can contact us freely for more information and pricelist of our products ! You will be Unique with our hair products !!
 By Jacqueline
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                                Milan
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                                2018.12.28 15:18
 By Jacqueline
 from
                                Milan
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                                2018.12.28 15:18
                            It is really lucky to meet such a good supplier, this is our most satisfied cooperation, I think we will work again!
 By Karen
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                                Ireland
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                                2018.12.11 11:26
 By Karen
 from
                                Ireland
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                                2018.12.11 11:26
                            

 
				




