Lender Paid Rate Buydown – Lock It Mortgage

2-1 Lender-Paid Rate Buydown

Unlock your dream home with confidence and enjoy lower monthly payments for the first two years. With the temporary rate reduction covered by our lenders, you’ll start saving from day one and settle into your new home with ease.

How It Works

Program Highlights:

Our lenders will contribute toward the temporary rate buydown, helping you enjoy lower monthly payments for the first 24 months
You’ll have the flexibility to refinance later if rates improve

Program Requirements:

Minimum credit score of 620 or higher
Applicable for conventional loans only
For primary home purchases only
Must be a 30-year fixed rate mortgage
Homebuyers must qualify with the full (original) interest rate

Find Out If You Qualify

See if you meet the requirements in minutes

Disclaimer: This is not a commitment to lend. Loan terms, availability, and requirements are subject to change without notice and may vary by lender. All loans are subject to credit review, underwriting approval and program guidelines. Temporary interest rate reductions apply only during the first two years of the mortgage and revert to the full note rate in year three unless refinanced.

2-1 Lender-Paid Rate Buydown

What's your FICO score?

Are you a first-time homebuyer?

(First-time homebuyers are those purchasing a home for the first time or who haven't owned property in the past three years.)

Yes No

What is your total pre-tax income?

(Including income of all borrowers)

How much do you plan to put down as a down payment?

Will you occupy the property as your primary residence?

Yes No

What is the home’s purchase price?

What is the property’s ZIP code?

Great news!
You’re one step closer to owning your dream home
with our 2-1 Lender-Paid Rate Buydown program.

To move forward, please provide your contact details. One of our loan officers will reach out to confirm your eligibility and guide you through the entire process.

Unfortunately, you’re not eligible for
the 2-1 Lender-Paid Rate Buydown program at this time

Reason(s):

Your credit score does not meet the program’s requirement at this point (below 620).
This program is intended for primary residence purchases only.

But don’t worry - This isn’t your only option.
We have other loan programs that might be a great fit for you.

Please share your contact details below and one of our Loan Officers will be in touch to walk you through your options and help find the best program for your needs.

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