Jeff Olson

With mortgage rates skyrocketing, homebuyers are pressing the pause button on purchasing a home. However...some savvy buyers are utilizing a 2/1 Buydown strategy that is allowing them to purchase a home now with a reasonable mortgage payment. The best part...the SELLER is paying the cost!

Mortgage Expert, Jeff Olson, does a deep dive on the 2/1 Buydown strategy showing the simple math. Is this strategy right for you?

•••

Bill Ga***rd, NMLS 680603 | Ga***rd-Hansen Team at CrossCountry Mortgage
Jeff Olson, NMLS 1555571 | Ga***rd-Hansen Team at CrossCountry Mortgage

The information contained is the viewpoint of the presenter(s). Individuals should consult their own financial representative.

Equal Housing Opportunity. CrossCountry Mortgage, LLC. Company NMLS 3029 (www.nmlsconsumeraccess.org). Branch NMLS 1437924 / 1628467 / 2309323. All loans subject to underwriting approval. Certain restrictions apply. Call (858) 259-8700 for details. All borrowers must meet minimum credit score, loan-to-value, debt-to-income, and other requirements to qualify for any mortgage program. CrossCountry Mortgage, LLC is not affiliated with or acting on behalf of or at the direction of the Veteran Affairs Office or any government agency. Certificate of Eligibility required for VA loans. CrossCountry Mortgage, LLC is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the federal government. For more licensing and disclosures, see crosscountrymortgage.com/licensing-and-disclosures.

How do VA homebuyers buy down a rate?
•••
"Why are interest rates high? How do I buy a house at this rate?!" If you find yourself asking these questions, we hear you, but don't worry there are options to help get you into a home! Rate buydowns are very common in today's market. Join Bill and Jeff as they discuss what a buydown is and run the numbers on an example VA homebuyer.

While this podcast discusses buydowns for VA homebuyers. Buydowns are common and available for other loan scenarios! Talk with your REALTOR®/Lender about your options.
•••

Bill Ga***rd, NMLS 680603 | Ga***rd-Hansen Team at CrossCountry Mortgage
Jeff Olson, NMLS 1555571 | Ga***rd-Hansen Team at CrossCountry Mortgage

The information contained is the viewpoint of the presenter(s). Individuals should consult their own financial representative.

Certificate of Eligibility required for VA loans.

Equal Housing Opportunity. CrossCountry Mortgage, LLC. Company NMLS 3029, Branch NMLS 1437924 / 1628467 / 2309323 (www.nmlsconsumeraccess.org). This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. All loans subject to underwriting approval. Certain restrictions apply. Call (858) 259-8700 for details. All borrowers must meet minimum credit score, loan-to-value, debt-to-income, and other requirements to qualify for any mortgage program. Certificate of Eligibility required for VA loans. CrossCountry Mortgage, LLC is an FHA Approved Lending Institution and does not act on behalf of or at the direction of HUD/FHA or the federal government. For more licensing and disclosures, please visit crosscountrymortgage.com/licensing-and-disclosures.