Ask us how a qualified buyer can cut their initial interest rate by 2 points during the first year!

The current interest rate environment is forcing buyers and sellers to be more creative. Our Step Up program allows for a reduced initial interest rate for the first 12 or 24 months. There is a cost to the program, payable in a few different ways, that we will detail to qualified buyers and sellers.

 

This is a tremendous way to help buyers obtain a house at an initial lower payment, allowing them to see where interest rates go over the next 12 or 24 month period. If/when it makes sense for a buyer to refinance to a lower permanent rate, we will waive our lender fees for that buyer IF their initial purchase mortgage loan closed with Acopia Home Loans.

 

A buydown also offers sellers a way to compete with new construction communities by offering reduced rate incentives to help their property stand out.

 

*”Qualified buyer” for this promo has a 760+ credit score, 25% down, $250,000 minimum loan amount. Buyers not meeting these criteria are still eligible but at different terms and parameters.

Front of a beautiful blue home

What’s a temporary buydown and how does it work?

Rate buydowns allow your buyer the flexibility to “grow” into their mortgage payments. With a seller-assisted temporary buydown, they can enjoy reduced mortgage payments during the first 2-3 years in their new home before reaching their full interest rate agreed upon for the life of the loan.


Buydowns can be used with various loan programs, such as conventional, FHA and VA loans. 

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MEET OUR TEAM

James Cannata

James Cannata

Branch Manager
NMLS 328552
Allie Hill

Allie Hill

Licensed Loan Advisor
NMLS 1374184
Mortgage Loan Partner, Julie Estes Port St. Lucie, Florida

Julia Estes

Sr. Licensed Loan Advisor
NMLS 2311682
Anthony Cannata

Anthony Cannata

Licensed Loan Advisor
NMLS 2006124
Kassidy McKinney

Kassidy McKinney

Licensed Loan Advisor
NMLS 2311593
Mortgage loan processor, Jessica Hupp, Port St. Lucie, Florida.

Jessica Bernal

Mortgage Loan Partner