For homebuyers looking to reduce their initial monthly mortgage payments, a 2-1 buydown is a type of mortgage financing option that can be very beneficial. Here’s how it works: When a homebuyer takes out a 2-1 buydown mortgage, the lender agrees to temporarily lower the interest rate for the first two years of the loan. […]
Read MoreJanice is serious about her real estate career and takes professional development courses regularly. She completed Investment Analysis and Tax Consequences of Real Estate, received her Short Sales and Foreclosures Certification, and completed Residential Investment Analysis.