10/21/2026
Don't fear mortgage rates. Buyers want lower monthly payments. Sellers want their home to stand out. RateReduce could help both. 🏡
A seller- or builder-funded mortgage buydown can help reduce a buyer's payments-giving sellers another way to attract offers without reducing their asking price.
Here's how each option works:
🔹 RateReduce Temp - Savings during the early years The seller or builder funds a temporary payment subsidy at closing, reducing what the buyer pays during the initial years of the loan. Options include 3-2-1, 2-1, 1-1-1, 1-0, and 1.5-0.5 buydowns, each with a different subsidy schedule. When the subsidy ends, the buyer makes the full scheduled payment. The mortgage's note rate does not change.
🔹 RateReduce Perm - A lower rate for the loan term Funds paid at closing purchase discount points to lower the mortgage's interest rate for the life of the loan. Unlike a temporary buydown, this option reduces the actual note rate rather than temporarily subsidizing payments.
🔹 RateReduce Sell - A head start on marketing The seller commits to funding a buydown, pays an upfront fee, and secures a rate lock before finding a buyer. Under the program described, the 60-day lock provides 30 days to find a buyer and another 30 days for the buyer to close. The lock transfers to an eligible buyer, subject to program terms.
Buying or selling? Let's talk about which option may fit your goals.
Subject to program availability, borrower qualification, seller-contribution limits, and loan requirements. Savings and costs vary. Temporary buydowns do not change the note rate, and payments increase as the subsidy decreases or ends. Rate-lock terms and fees apply.
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