Permanent Buydown

Permanent Buydown

Same as Points. Also see Temporary Buydown/Temporary Versus Permanent Buydowns.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The Freddie Mac Financed Permanent Buydown Mortgage, available as either a fixed-rate or an adjustable-rate mortgage product, lowers borrowers' monthly payments without requiring additional cash at closing and increases the borrowers' purchasing power.

Full browser ?