Now Available: 2/1 Temporary Buydowns on Conventional Products
GMFS is excited to announce another great product for your builder partners! Use seller paid funds to lower the borrower’s payment for the first two years. Available on Conventional products only at this time.
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!