Andrew Thomas
Andrew Thomas
Associate Broker
(303) 503-0058 cell
Metro Brokers at Evergreen, Inc
3540 Evergreen Parkway
Evergreen, CO 80439
(303) 674-0212 office
e-mail:abthomas18@aol.com
Honest and Reliable real estate services
Serving buyers and sellers in the Greater Denver
and Foothills communities.
Real Estate Glossary

  Buydown Mortgage

A temporary buydown is a mortgage on which an initial lump sum payment is made by any party to reduce a borrower's monthly payments during the first few years of a mortgage. A permanent buydown reduces the interest rate over the entire life of a mortgage.



 

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