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What is a Temporary Buydown?

What is a Temporary Buydown?

What is a Temporary Buydown? A temporary buydown is a loan where the interest rate is bought down temporarily for the first few years of the loan. This can help a buyer ease into the full mortgage payment at the beginning of the loan term.   How does a

Jul 14, 2022 | Temporary Buydown

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Diversified Capital Funding, a division of APMortgage #1850


NMLS #1850
Branch NMLS # 1133039
1777 N California Blvd., Suite 100
Walnut Creek, CA 94596
209-833-3338


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© 2022 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIALMORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV.


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