Now Available: 2/1 Buydowns on Government Products
2/1 Temporary Buydowns on Government Products Now Available!
GMFS is now offering 2/1 Buydowns on Government Products including FHA, VA and USDA.
Use seller paid funds to lower the borrower’s payment for the first two years.
Example scenario: Borrower locks in a 5% rate with GMFS, and uses funds from the seller to buy the rate down to 3% in year one and 4% in year two.
Here are some helpful tools for this product:
Questions? Please email [email protected] or reach out to the GMFS Agent Team!