National Homebuilder Kickstarts 2019 with Roll Back of Interest Rates through a Buydown Offer

7Jan - by Editor - 0 - In STL.News

 

SCOTTSDALE/ Ariz., Jan. 7, 2019 (STL.News)

Taylor Morrison Home Corp. (NYSE: TMHC) recently launched a thoughtfully planned 2-1 buydown from a fixed rate mortgage program enabling consumers to realize the dream of owning their own home while Taylor Morrison helps pay some of the interest cost during the initial years of homeownership.

Unlike an adjustable rate mortgage, the Taylor Morrison 2-1 rate buydown for Conventional and FHA financing for qualified owner-occupied borrowers with a minimum 680 credit score, allows consumers to pay their mortgage payment at a rate two percent below the fixed rate mortgage the first year and one percent lower the second year before enjoying the security of a fixed rate mortgage over the remaining life of the loan.

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