What options do buyers have when mortgage rates climb?
In this August 2023 conversation, I sit down with Alonzo Stanley of Bell Bank to discuss THDA, first-time buyer programs, down payment assistance, and temporary 2-1 buydowns. We also talk about why working with experienced professionals can help buyers find solutions when a move feels complicated.
What could a lender help you explore?
- 0:29 — THDA and first-time buyer programs.
- 2:37 — A down payment assistance example.
- 4:53 — Solving problems and helping buyers reach closing.
- 7:28 — How a temporary 2-1 buydown works.
This interview was published August 23, 2023. Rates, program limits, eligibility, and lender offerings discussed are historical and may have changed. Ask a licensed lender about current options and the full payment schedule of any buydown. Future refinancing is not guaranteed.
Plan Your Tennessee Move
I can help you think through your purchase and connect with experienced local lenders. Contact Aaron Lovett or read my buyer’s guide.
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