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2/1 Buy Down Mortgage The 2/1 Buy Down Mortgage allows the borrower to qualify at below market rates so they can borrow more. The initial starting interest rate increases by 1% at the end of the first year and adjusts again by another 1% at the end of the second year. It then remains at a fixed interest rate for the remainder of the loan term. Borrowers often refinance at the end of the second year to obtain the best long term rates; however, even keeping the loan in place for three full years [...]
Address
Getting a mortgage from Utah Mortgage Guy is usually easy and paperless, but if we need to meet in person my office is conveniently located.
Altius Mortgage Group
45 W 10000 S, Sandy, UT 84070
(801) 201-0101
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License Information: Altius Mortgage Goup NMLS# 192521 | Ryan Robinson NMLS# 314012