buy down

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الإنجليزية - التركية
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الإنجليزية - الإنجليزية
Cash payments made at closing that allow the borrower to take advantage of lower interest rates for a specific period
A mortgage with a below-market interest rate made by a lender in return for an interest rate subsidy in the form of additional discount points paid by the builder, seller, or buyer
A fixed rate loan where the interest rate and payment are reduced for a specific period of time by paying the interest up front to subsidize the lower payment
A cash payment, usually measured in points, to a lender in order to reduce the interest rate a borrower must pay
A subsidy (usually paid buy a builder or developer) to reduce the monthly payments on a mortgage loan
A method of lowering the interest rates on a mortgage, either temporarily or for the entire term of the loan Often points are paid up front to make up the difference between the rate actually charged on the mortgage and the rate at which the buyer pays Practically anyone -- sellers, buyers, home builders, relatives, etc -- can buy down rates
(1 ) action to pay additional discount points to a lender in exchange for a reduced rate of interest on a loan; the reduced rate may apply for all or a portion of the loan term (2 ) loan that has been bought down by the seller of the property for the benefit of the buyer
When the lender and/or the home builder subsidizes the mortgage by lowering the interest rate during the first few years of the loan While the payments are initially low, they will increase when the subsidy expires
1 the action to pay additional discount points to a lender in exchange for a reduced rate of interest on a loan The reduced rate may apply for all or a portion of the loan term 2 a loan that has been bought down by the seller of the property for the benefit of the buyer
The payment of extra money on a loan now so as to reduce the interest rate over a given period or over the life of the loan This extra payment may be made by the borrower, by the lender (as an incentive to the borrower to borrow from the lender) or by the vendor/builder (as an incentive to the borrower to buy a certain property)
A payment to the lender from the seller, buyer, third party, or some combination of these, causing the lender to reduce the interest rate during the early years of the loan
A subsidy (usually paid by a builder or developer) to reduce the monthly payments on a mortgage loan
A mortgage in which the seller and/or homebuilder subsidizes the mortgage by lowering interest rates during the first few years Payments may increase when the subsidy expires
A payment made to the lender from the buyer, seller, third party of combination therein which brings the lender to reducet he interest rate in the early years of the loan
A type of loan that allows for a borrower to "buy down" their interest rate for the first few years of the mortgage This makes the payment lower in the first years, and the cost of the buy down can be paid by the buyer, seller or lender Top
The cost to compensate a lender for granting a lower interest rate than the contracted rate
Payment of additional points to lower the interest rate of the loan
A payment to the lender from the seller, buyer or third party, causing the lender to reduce the interest rate
When the lender and/or the home builder subsidizes the mortgage by lowering g the interest rate during the first few years of the loan While the payments are initially low, they will increase when the subsidy expires
an arrangement where a party pays a lender an up-front fee, or premium, to "buy down" the interest rate on a loan for a temporary time period, usually one to three years: usually expressed as two numbers For example, 2/1 where the two represents a 2% rate buy down the first year and the one represents 1% buy down the second year, the third year the rate would revert to the "straight"note rate
Money advanced by an individual (builder, seller, etc) to reduce the monthly payments for a home mortgage, during either the entire term or for an initial number of years
An agreement to pay additional points or fees to a lender in exchange for a reduced rate of interest on a loan The reduced rate usually applies for a portion of the total loan term
Obtaining a lower interest rate (buying down the rate) by paying additional points to the lender The lower rate may apply for the full duration of the loan or for just the first few years A buydown may be used to qualify a borrower who would otherwise not qualify This is because a buydown results in lower payments which are easier to qualify for

المصطلحات ذات الصلة

buydown
An accelerated repayment of the principal of a loan
buydown
A payment by a third-party to a lender to reduce some of all of the payments otherwise required, especially in first few years of the loan, thereby enhancing the apparent quality of the loan
buydown
A payment to the lender from the seller, buyer or third party causing the lender to reduce the interest rate during the early years of the loan
buydown
A reduction in the interest rate or monthly payments accomplished by payment of an additional fee The reduced interest rate may hold for all or part of the loan term
buydown
A way to reduce the Interest Rate that a bank is charging you and qualify for a more expensive home This Interest Rate reduction only applies for the first few years The bank is willing to do this for a lump sum fee, usually at the beginning of the mortgage This may be a very smart way for you to reduce the Interest that you will have to pay over the life of the mortgage Builders also Buy Down mortgages, usually so that they can entice new homebuyers with the attraction of below market rates They simply add the cost of the Buy Down onto the price of the new home See also Interest Rate Buydowns
buydown
1 Occurs when the person selling you real estate pays your lender a certain fee in order to reduce the rate of interest or monthly payments on your mortgage The reduced interest rate may hold for all or part of the loan term
buydown
With a buydown, the seller pays an amount to the lender so that the lender can give you a lower rate and lower payments, usually for an early period of a loan The seller may increase the sales price to cover the cost of the buydown
buydown
A payment to the lender from the seller, buyer or third party, causing the lender to reduce the interest rate
buydown
A payment to the lender from the seller, buyer or third party causing the lender to reduce the interest rate during the term of the mortgage
buydown
Obtaining a lower interest rate (buying down the rate) by paying additional points to the lender The lower rate may apply for the full duration of the loan or for just the first few years A buydown may be used to qualify a borrower who would otherwise not qualify This is because a buydown results in lower payments which are easier to qualify for
buydown
A payment to the lender from the seller, buyer, third party, or some combination of these, causing the lender to reduce the interest rate during the early years of a loan The buydown is usually for the first 1 to 5 years of the loan
buydown
When the seller, builder or buyer pays an amount of money up front to the lender to reduce monthly payments during the first few years of a mortgage Buydowns can occur in both fixed and adjustable rate mortgages
buydown
A payment to the lender from the seller, buyer, or third party, or some combination of these, that causes the lender to reduce the interest rate during the early years of the loan
buydown
A payment to the lender from the seller, buyer, or third party, allowing the lender to reduce the interest rate
buydown
Allows loans to be made at less-than-market interest rates by paying front-end discounts The interest rate is brought down for a temporary period, usually from one to three years In oder to acquire this discount, a lump sum is paid and held in an account used to supplement the borrower's monthly payment After the discount period, the payment is calculated as the note rate
buydown
[Back to top] When the lender and/or the home builder subsidizes the mortgage by lowering the interest rate during the first few years of the loan While the payments are initially low, they will increase when the subsidy expires
buydown
When the lender and/or the home builder subsidizes the mortgage by lowering the interest rate during the first few years of the loan Rates do rise during the term, however the initial lower rate helps the borrower qualify for an amount they may otherwise not qualify for This is an excellent instrument for those who anticipate the ability to pay slightly increasing payments in subsequent years -C-
buydown
A lump sum payment made to the creditor by the borrower or by a third party to reduce the amount of some or all of the consumer's periodic payments to repay the indebtedness
buydown
With a buydown, the seller pays an amount to the lender so that the lender can give you a lower rate and lower payment The seller may increase the sales price to cover the cost of the buydown Buydowns can occur in all types of mortgages
buydown
A payment to the lender from the seller, buyer, or third party, causing the lender to reduce the interest rate
buydown
When the lender and/or the home builder subsidizes the mortgage by lowering the interest rate during the first few years of the loan While the payments are initially low, they will increase when the subsidy expires
buydown
A payment to the lender from the seller, buyer or third party, causing the lender to reduce the interest rate, either for a temporary period or for the life of the loan
buy down
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