Product Center

Product Detail

buydown banner


A temporary buydown is an option that creates a funded buydown account that is used to temporarily reduce the borrower’s monthly payment during the initial year(s) of the loan. The Note Rate remains constant; only the borrower’s payment is reduced.

Eligible Programs

AAA LENDINGS Agency Loan Program:
We offer the Standard Fannie Mae and Freddie Mac's Conforming,High Balance, HomeReady and HomePossible Loan Program, All requirements follow with Fannie Mae and Freddie Mac Seller Guideline.

Agency Loan Program, namely:

Eligible Products: 30-Year Fixed Rate.
Transaction Types: Purchase.
Occupancy and Property Type (Includes Condominiums and PUDs if otherwise eligible): Principal Residence (1- to 4-Units).

Loan Scenario

The First Year Rate is 4.375%

· 2-1 Buydown (For other temporary buy-down model including 3-2-1, 1-0 and so on, please call for more details.)
· 30 Years Fixed
· Note Rate 6.375% (Note rate quotes as of 11/21/2022, subject to market change)
· Loan Amount $500,000  * Max. seller credit 2.5% to cover the cost (including buydown rate)

Year 1 Year 2 Year 3, 4, 5, …
Interest Rate 4.375% 5.375% 6.375%
Mthly PMT $2,496.43 $2,799.86 $3,119.35
Mthly PMT Saving $622.92 $319.49 /

  • Previous:
  • Next: