Buy-Down Options to own Your Newport Home

What is an Interest buy down?The seller buys down the interest rate on the loan for the buyer. The seller pays an upfront fee to the lender for a reduction in the interest rate on the new loan. This provides the buyer with lower payments and greater buying leverage.In return, the seller is often able to net more by offering a buy-down option than by lowering the sales price. If you have been thinking of buying and you didn't think you can by your Newport dream home, call me or email me and I can help you make your dream come true.

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