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What is a Buydown?


A buydown happens when the borrower purchases a lower interest rate by paying a premium called a “point.” If you expect to increase your earnings in the future but want a lower payment now, a buydown may be a helpful option. Considering real estate as a career? Our upcoming real estate pre-licensing courses are filling up fast so make sure to secure your seat here: tocrres.com/register


#RealEstate #NewCareer #OnlineLearning




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