10/10/2008
Buy Down
A Buy Down is an incentive offered by a developer or home seller that allows the homebuyer to lower his or her initial interest rate by putting up a certain amount of money. A buy down also refers to the process of paying extra points up front at the closing of your loan in order to have a lower interest rate over the life of the loan.
(more Buy Down information below useful links)
See Also
More Buy Down Information
Search ThinkGlink.com real estate articles and personal finance articles for this term: Buy Down 
Contact Us | Sitemap | Terms of Use | Glossary
Copyright ©2001-2007. ThinkGlink, Inc.
All rights reserved. Reproduction of material from any www.ThinkGlink.com pages without permission is strictly prohibited.
Site designed by Walker Sands Communications
Copyright ©2001-2007. ThinkGlink, Inc.
All rights reserved. Reproduction of material from any www.ThinkGlink.com pages without permission is strictly prohibited.
Site designed by Walker Sands Communications