Remove Banks Remove Closing costs Remove Fixed-rate mortgage Remove Seller concession
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UWM expands buydown options to combat high mortgage rates

Housing Wire

The temporarily lower rate is made possible by a lump sum that is deposited into a buydown account. With the seller-paid version, seller concessions, which are closing costs the seller agrees to pay, are deposited as a lump sum into the buydown account. Presented by: Flagstar.