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November 11, 2022 26 mins
2/1 buy down loans are the most talked about mortgage product on the market right now because it helps buyers feel more comfortable with the monthly mortgage payments in today's high interest rate environment and don't carry the risks of ARM products that got a lot of home owners into trouble during the last recession. For those who don't have a lot of extra cash, this is a great tool to help you get a temporary lower monthly mortgage without having to spend a dime with the option to refinances if rates go down in the future to secure a low rate long term. In this episode I interview Mina from Guarantee Rate Affinity and we discuss everything you need to know about the 2/1 buy down program. Josh Alexander THE brokeredge JoshAlexanderRealEstate@gmail.com 714.366.2186 DRE#:01974435 Want to get a monthly update on your home’s value? https://hmbt.co/FpQZKP Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx Thinking a selling your home and want to know the process and costs involved? - http://vid.us/7j8wtf Want to schedule a time to talk? - calendly.com/joshalexanderrealestate Follow me on Facebook at: https://www.facebook.com/joshalexanderrealestate/ Follow me on Instagram at: https://www.instagram.com/josh_the_real_estate_dad/ Follow me on LinkedIn at: https://www.linkedin.com/in/joshalexanderrealestate/ LinkTree: https://linktr.ee/joshtherealestatedad
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