This is the big buzzword right now among in-house lenders, I know. Why not give your sellers and buyers access to lower wholesale rates to begin with?
What Is A Seller-Paid Rate Buydown?
This is when the seller gives the buyer a credit to help “buy down” the rate by paying loan discount points to get a lower rate interest rate for the buyer.
This is a strategy used to avoid price reductions when mortgage rates rise as we have seen recently.
Here is an example:
![](https://freshhomeloan.com/wp-content/uploads/sites/15/2022/09/social-media-post-design-facebook-1024x1024.jpg)
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