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- Columbus Loan Products - Interest Rate Buydowns
In an interest rate buydown from Columbus Ohio Mortgage Loans .com the interest rate is reduced for a number of years of the home loan and then it slowly grows to the final interest rate. The reduction that takes place in a 2-1 buy down is 2% less than the final mortgage rate for the first year of the loan and a reduction of 1% for the second year. By the third year the interest rate returns to the final rate for the remaining term of your Ohio home loan. The 3-2-1 buydown is another variation on the 2-1 buydown and works in the same way but the reduction lasts for a longer period of time. Interest rate buydowns can reduce the amount paid by the borrower on a monthly basis but the payments will increase when the period of reduction ends. Contact your Columbus Ohio Mortgage Loans .com representative to find out more about your buydown options with home loans in Columbus.
Jumbo Loans
Interest Rate Buydowns
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Columbus Ohio Mortgage Loans .com offers all the information you need to help you in obtaining a home loan or mortgage in the state of Ohio. Columbus Ohio Mortgage Loans .com is locally owned and operated to ensure you a friendly and hospitable environment, therefore Columbus Ohio Mortgage Loans .com is Ohio's professional mortgage broker of choice. We are also licensed to provide Columbus mortgages and home loans, Columbus jumbo loans, stated income and self employed in Columbus, Columbus second mortgages and Columbus refinance loans, Columbus fixed rate mortgages, Columbus Debt Consolidation loans, and home mortgage loans in Columbus.
- We Help First Time Home Buyers
Columbus Ohio Mortgage Loans .com often helps new home buyers acquire the home of their dreams through our different mortgage programs. These programs include exclusive loan products that allow first time home buyers to have a low down payment. This is just one of the many ways Columbus Ohio Mortgage Loans .com can serve you better.
Additional First Time Home Buyer Information
- Real Estate for Columbus, Ohio
At Columbus Ohio Mortgage Loans .com we offer mortgage and real estate in these areas listed, we work for the whole state of Ohio, so if the area you are searching for is not on the list below then call one of our mortgage and real estate experts at Columbus Ohio Mortgage Loans .com for more information.
Columbus Real Estate
Grove City Real Estate
Galloway Real Estate
Reynoldsburg Real Estate
Groveport Real Estate
Hillard Real Estate
Plain City Real Estate
London Real Estate
Lancaster Real Estate
Dublin Real Estate
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