Business, Legal & Accounting Glossary
A type of mortgage loan offered by property developers as an incentive for prospective buyers. Typically structured as a three year buy down of the interest rate in which the developer makes a cash payment to the lender in return for a rate reduction that is passed on to the buyer.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Builder Buydown Loan are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.