2-1 Mortgage Buydowns
Learn how buyers, sellers, and builders can benefit from a 2-1 mortgage buydown and save even more with our free refinance offer.
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?
How do I qualify for a free refinance ?
Are there loan balance requirements?
Can I bundle this with another Amplify Real Estate offer?
Explore Your Buydown Potential
Talk to a loan officer at Amplify to learn how a 2/1 mortgage buydown might help you with your homebuying search.
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¹Amplify’s performance record for closing real estate loans starting from loan application (assuming a completed loan package has been submitted, including an executed purchase contract, if needed) to loan closing. Events outside of Amplify’s control, including but not limited to: market conditions, appraised values, escrow or title delays, or weather-related issues may prolong the process. Your experience may vary.