Buyer & Seller Information

Robert J. Russell, IRES, REALTOR®, Insurance Broker
972.679.9029

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International Real Estate Specialist
IRES, ICREA, NAR, CSS, LUTC

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Buydown Mortgage

A temporary buydown is a mortgage on which an initial lump sum payment is made by any party to reduce a borrower's monthly payments during the first few years of a mortgage. A permanent buydown reduces the interest rate over the entire life of a mortgage.

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Robert J. Russell, IRES, REALTOR®, Insurance Broker
International Real Estate Specialist
Business Development Director - USA for IRES Certification
We Did It Again Group
Keller Williams Real Estate & Russell Insurance Agency, Inc.
REALTOR®, I.R.E.S., Insurance Broker, HUD Certified, ICREA, CSS, NAR, TAR & MetroTex
Broker is Member of MetroTex, NAR, TAR & CCAR
Direct 972.679.9029
Fax 972.852.9029
International Fax 563.405.8440
E-mail - info@robertjrussell.com
www.robertjrussell.com

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