Happy family moving into their new home

2-1 Temporary Buydown

A 2-1 Temporary Buydown is a special type of financing that allows for a buy down of the interest rate for the first two years of your home mortgage.

Don't Wait, Buy Today! Look at What You Could Save!

Young lady dreaming about new home2-1 Temporary Buydowns help people qualify for loans!

Dad pushing son in box through homeInterest Payments are reduced for the first two years in exchange for a cash deposit.

Woman holding home in her handsAllows the seller or the builder to contribute to your temporary interest buydown.

Kids running into new homeFNMA, FHLMC, FHA, VA, and USDA fixed rate purchase transactions are eligible

For information purposes only. Information and data may change without notice. Rates show as of 8/16/22 on a 30-day lock, 720 FICO, 30 year conventional fixed, $540,000 loan amount, 30yr = 360 payments.

2-1 Temporary Buydown FAQs

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About Bank of England Mortgage

Since 1898, we've focused on putting you first. From our humble roots in 19th-century Arkansas, we have grown, becoming a mortgage powerhouse with offices in over 40 states. This growth is driven by our client first attitude and making decisions based on what is in your best interest. We're local and we know our borrowers. We see you every day at the grocery store, at little league games and at the PTA. Because we know our you so well, we are more in tune with what you need and can identify the best way to help you reach your goals. When that knowledge is combined with our mortgage expertise, great things happen.

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Bank of England Mortgage MidSouth
830 W Poplar Ave
Ft. Collierville, TN 38017