Flat Branch Home Loans2/1 Buydown Program

What is a 2/1 Buydown Loan?

A financing option that temporarily reduces the borrowers monthly mortgage payment at the beginning of your home loan.

Borrower Benefits

• Lower monthly payments for the first 24 months
• Increased cash flow makes it easier to purchase furniture and complete homeimprovement projects
• Great option for buyers planning to refinance in a couple of years

Seller & Builder Benefits

• Combats rising interest rates
• Helps secure serious buyers and generate quick offers in a competitive market
• Great alternative to offering price reductionorupgrades

Elgiblity 

• Conventional
• FHA
• USDA
• VA conforming loan products
• Fixed rate loan options only
• Purchase transactions only

Elgible States

• Arkansas, Iowa, Illinois, Kansas, Missouri, Nebraska, Oklahoma, Tennessee and Texas