2-1 Mortgage Buydowns
Learn how buyers, sellers, and builders can benefit from a 2-1 mortgage buydown.
Learn more about our current real estate and mortgage deals for first-time and repeat homebuyers.
Mortgage Buydowns Explained
A mortgage buydown is a type of financing where one party pays for a short-term reduction on a mortgage’s interest rate. When you secure a 2-1 buydown with Amplify, the interest rate is two points lower in Year 1 and one point lower in Year 2.
Who Benefits From a 2-1 Buydown?
From the outside, a mortgage buydown may look like it only benefits the buyer. But experienced sellers and homebuilders know that negotiating over rates instead of price can often be the secret to a satisfied customer.
For Buyers
Working with a seller who won’t budge? Counter with a 2/1 buydown. Agreeing on a discounted rate instead of a discounted sales price might be the win-win both parties are looking for.
For Sellers
Worried about your house lingering on the market? Adding a 2/1 buydown to your listing can make current market rates a little less intimidating to first-time homebuyers.
For Builders
Want to give buyers options right out of the gate? Use a 2/1 buydown to attract real estate agents and their clients who prefer new builds but are worried about current market rates.
Got Questions?
Forget the fine print – we’re doing our best to proactively answer every question you might have about our buydown program.
How does a 2-1 buydown work?
Can I bundle this with another Amplify Real Estate offer?
Home loans made easy
Send us a message and an Amplify Mortgage Lending Specialist will reach out within 1 business day to further assist you. You can also get started with our easy and secure online application.
