Jaime Manno
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CRS, GRI, e-PRO

(904) 571-1844
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800-367-3629


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Buyer/Seller Info



  Buydown Mortgage

A temporary buydown is a mortgage on which an initial lump sum payment is made by any party to reduce a borrower's monthly payments during the first few years of a mortgage. A permanent buydown reduces the interest rate over the entire life of a mortgage.



 

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