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Atlanta Georgia Mortgage.com Interest Rates - Interest Rate Buydowns
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Interest buydowns are one way you can acquire an initially low down payment loan. The most common buydown is the 2-1 buydown. In the past you would pay 3 points above the current market rate to purchase a below market interest rate during the first two years of your loan. Atlanta Georgia Mortgage.com now offers a cheaper variation of this program. We will allow you to have a lower rate for the first two years and then a slightly higher market rate for the remainder of the loan. For example, if the current rate is 8.5% and costs 1.5 points, we will offer a first year rate of 7.25%, a second year rate of 8.25%, and the remainder of the loan at 9.25%.
More Atlanta Georgia Mortgage.com Interest Rates Information:
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Getting Pre-Aproved to Buy Real Estate in Atlanta
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Real estate in Atlanta is a beautiful city in Georgia. Atlanta-Georgia-Mortgage.com's brokers are the brokers of choice in Atlanta. As a mortgage broker, Atlanta-Georgia-Mortgage.com offers the lowest interest rates on mortgages and home loans in Atlanta. We shop over 250 lenders to guarantee you the best terms for refinance loans, 2nd Mortgages, Debt Consolidation, home improvement and home equity credit line loans and pre-qualifying 1st time home buyers for an Atlanta home loan.
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