WHY BUYDOWN?

The lower initial monthly mortgage payments allow you to buy your dream home now and use your extra cash flow toward other priorities.
It is also an excellent option for borrowers who are expecting a bigger income in the near future.

Buydown Types:

3-2-1 Program: The rate lowers by 3% in the first year, 2% in the second year, and 1% in the third year
(Available only on Conventional loan programs)

2-1 Program: The rate lowers by 2% in the first year and 1% in the second year
(Available on Conventional, VA, FHA and USDA loan programs)

Eligible Transaction Types:

Purchase Transaction
Owner Occupied
Seller & Builder Paid only
One-unit properties (Including Condos and PUDs)

About Us

Doorway Home Loans is a DBA of GenWay Home Mortgage, Inc. NMLS# 222730. To see the states where the company is licensed and where the DBA is used, please visit https://www.nmlsconsumeraccess.org

Contact Us

2600 North Central Expressway, Suite 600

Richardson, TX 75080

Phone: (866) 462-4891

info@doorway.com

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