Radian Timely Topics: What Are Temporary Buydowns & How Can It Help Borrowers?
Interest rates continue to rise to levels we have not seen in years. So how do you assist your next borrower and help them purchase the home of their dreams? The temporary buydown is making a comeback, but do you know how it works?
In this Timely Topics video, we will:
- Define the temporary buydown
- Review how the buydown works
- Discuss the way the buydown is structured
- Provide example scenarios on how Radian Guaranty’s Mortgage Insurance, along with a buydown may be a great option for customers