Reduced Mortgage Payments in 2023

Are you in the market to purchase a home in 2023 and unsure of the mortgage payment you are comfortable with and/or the ability to afford a home?

I work with a local lender here in Northwest Arkansas that may be able to help you! This mortgage company has a new program that may help reduce your mortgage up to 3 years when purchasing a new home. It’s called a 3-2-1 buydown.

The process is simple. For the first year, the fixed rate is reduced by 3%. The second year, the fixed rate is reduced by 2%. The third year, the fixed rate is reduced by 1%. From year four on, through the remainder of the mortgage, the fixed rate will return to the full interest rate.

The below seller concession guide is from Synergy One in Northwest Arkansas: If this looks like something you would be interested in please give me a call so we can get connected and you can be one step closer to homeownership!