Real Estate Glossary



  Buydown Account

An account in which funds are held so that they can be applied as part of the monthly mortgage payment as each payment comes due during the period that an interest rate buydown plan is in effect.

 

[ Back To Real Estate Glossary ]

Office is Independently Owned and Operated.
CA RE License 01187714


Free List Under  300K | Dream Home Finder | Search For Homes | Contact Andy | Buyer/Seller Info | Market Analysis | Community Info/Links | Mortgage Calculator | Home

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu