1-0, 2-1 BuyDown Calculator LoanStream Wholesale - Wholesale Mortgage Lending -

1-0, 2-1 Buydown Calculators

*Information: This calculator is not a comittment to lend it is intended to be a scenario review.

For eligibility information please contact your Account Executive and review our matrices.

Parameters

Conventional, FHA, and VA Purchases Only
Conventional – Primary and Second Homes Only
FHA and VA – Primary Only; Not allowed on Manual Underwrites
Single Family Residences (1-2 Units Only), PUD and Condos
30 Year Fixed Rate Loans Only
2-1 and 1-0 buy down options only
Temporary Rate Buydown lump sum fee shown in Section A

Who Pays for the Buydown?

Conventional, FHA, and VA Purchases Only
Conventional – Primary and Second Homes Only
FHA and VA – Primary Only; Not allowed on Manual Underwrites
Single Family Residences (1-2 Units Only), PUD and Condos
30 Year Fixed Rate Loans Only
2-1 and 1-0 buy down options only
Temporary Rate Buydown lump sum fee shown in Section A

Qualification

Borrowers must qualify off of the Note Rate

Eligible Programs

Fannie Mae Standard and High Balance
Fannie Mae HomeReady
FHA Standard and High Balance
VA Standard and High Balance

Wholesale Lending

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