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 ]

All Information on This Website is for Reference Only, Accuracy is Not Guaranteed


Home

Website design and hosting by iHOUSE ®

Site Admin Menu