– 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 11/18/2022, 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:
At AAA LENDINGS, we believe in giving back to our valued customers. That's why we offer a loyalty program that rewards you for your trust and ongoing partnership with us. Our loyalty program is designed to keep you engaged and appreciated, offering exclusive benefits and discounts for our returning customers. Your commitment to AAA LENDINGS is recognized and rewarded, and we strive to make your continued interest in our services a rewarding experience. – AAA Lendings Temporary Buydown – AAA Lendings , The product will supply to all over the world, such as: Slovenia , Cologne , Ghana , Our products are mainly exported to Europe, Africa, America, the Middle East and Southeast Asia and other countries and regions. We have enjoyed a great reputation among our customers for quality products and good services.We would make friends with businessmen from at home and abroad, following the purpose of Quality First, Reputation First, the Best Services.
 By Julia
 from
                                Nepal
 -
                                2017.08.28 16:02
 By Julia
 from
                                Nepal
 -
                                2017.08.28 16:02
                            In China, we have many partners, this company is the most satisfying to us, reliable quality and good credit, it is worth appreciation.
 By Cheryl
 from
                                Ghana
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                                2018.06.21 17:11
 By Cheryl
 from
                                Ghana
 -
                                2018.06.21 17:11
                            

 
				




