What is 2-1 Temporary Buydown?

The 2-1 buydown loan program offers a fantastic way for your borrowers to secure a mortgage with a temporary interest rate reduction. For the initial two years, your borrowers benefit from decreased rates, creating a smoother start to their homeownership journey. By the third year, the rate settles to match the standard loan rate. Think of it as an introductory deal for a mortgage, helping your borrowers transition comfortably into their payments. An ideal choice for clients who appreciate upfront savings and have a clear future plan!

Need a 2-1 Buydown loan scenario review?

If you have a client scenario that you would like our team to review, please use our simple prequal submission form.


  • Up to 80% LTV / 680 Min FICO
  • Add-on Feature to Full Doc, Alt Doc or DSCR 1–4 Units Programs
  • Purchase Only
  • OO, Second Home, NOO
  • 30-Year Fixed-Term Only, Seller- or Builder-funded Only, Lender-Paid or Third Party Buydowns Are Permitted for CORR Clients Only – Qualify off Full Payment (Note Rate)
  • U.S. Citizens, Permanent and Non-Permanent Residents


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This information is intended for the exclusive use of licensed real estate and mortgage lending professionals in accordance with all laws and regulations. Distribution to the general public is prohibited. Rates and programs are subject to change without notice.