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Introducing the Reduced Rate Program!

October 4, 2022

Baessler Homes is so excited to help buyer’s dreams of homeownership become a reality through our Reduced Rate Program! With interest rates rising, we wanted to offer something to our homebuyers to reduce their monthly mortgage payments and get them into the home they love. This program is amazing for first time homebuyers!

So how does the Reduced Rate Program work? Also known as a 2/1 buydown, this program lowers the monthly mortgage payment for the first two years in their home with use of one of our preferred lenders.  

For the first year of the mortgage, the borrower’s monthly payment is based off an interest rate that is 2% lower than the note rate. For the second year of the mortgage, the monthly payment is based off an interest rate that is 1% lower than the note rate. In year three, borrowers return to the full note rate and corresponding payment for the remainder of the mortgage term.

This promotion will run October 1st 2022 until December 2022 and will only be valid for quick delivery homes purchased and closed in 2022. To see all the available homes here.

Check out the short video from one of our preferred lenders Billy Campbell explaining the program and find our preferred contact information here

Sources Credited: https://www.intercaplending.com/2-1-buydown/