Ask About Our 2-1 Fixed Rate Buydown!
Our 2-1 Buydown Promo is here! Save thousands of dollars with this fixed rate buydown loan.
2-1 Fixed Rate Buydown Loan: Save Thousands of Dollars!
A smart way to save—We understand the expenses that come with a new home can be a stressful part of your home buying journey. Consort Homes is here to help! We want to help reduce those initial expenses for the home you love, which is why the 2-1 Fixed Rate Buydown Loan could save you thousands of dollars.
With this loan, you can take advantage of a lower interest rate for two years. Even better, when financing with our preferred lender, this program can be of no cost to you! Sounds great, right?
Here’s how it works: The 2-1 Fixed Rate Buydown Loan will give you the opportunity to save more money during your first two years of home ownership, and more time to save for your future. Make moves for your life with Consort Homes.
During the first year in your new home, you will save 2% on your interest rate.
In the second year, you will save 1% on your interest rate.
And in the third year+, your payment will be fixed for the remaining life of your loan!
*Example for a 2-1 Buydown on a 30-year fixed rate mortgage: First year rate 4.375%, second year rate 5.375%, then 6.375% for the remaining 28 years. The interest rate of 6.375% and an Annual Percentage
Rate (APR) of 6.466% as of 9/29/2022. Example shows a $500,000 sales price and $300,000 loan amount. Principal and interest are $1,871.61 (total payment could be higher if property taxes and insurance
are included), owner-occupied homes only. Current rates and loan amount could affect the availability of the buydown program. Loan products are subject to standard qualifications. Rates, terms, and conditions are subject to change without notice. Builder promotion provides a maximum credit of $12,000. Builder promotion is available from 10/1/2022 through 11/15/2022. Buyer must use preferred title company and mortgage company. This promotion cannot be combined with any other promotion or discount.
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And you could save thousands of dollars with a lower interest rate for two years!