2/1 BuyDown Explained

Get a Mortgage Rate Starting in the 4% to 5% Range (First Year)

With today’s Mortgage Rates around 6.5%, monthly payments can be unaffordable. The HOOT 2/1 Rate BuyDown Program can lower monthly payments and help buyers qualify for their mortgage.

Buyers, See if You Qualify for the “hoot” 2/1 BuyDown Program (click)

Get a Mortgage Rate Starting in the 4% to 5% Range (First Year)

TEMPORARY BUYDOWNS ease you into homeownership with lower initial payments. They are mortgage financing tools that reduce your interest rate for a limited time at the beginning of the loan term, usually the first 1–2 years. The reduced rate lowers your monthly mortgage payments temporarily, making the loan more affordable during those initial years.

HOOT 2/1 BuyDown

Get a Mortgage Rate Starting in the 4% to 5% Range (First Year)

Get a Mortgage Rate Starting in the 4% to 5% Range (First Year)

Get a Mortgage Rate Starting in the 4% to 5% Range (First Year)

Get a Mortgage Rate Starting in the 4% to 5% Range (First Year)

Get a Mortgage Rate Starting in the 4% to 5% Range (First Year)

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