 Larry Barasch, ABR,CRS,GRI Office: (631) 274-1955
Cell: (516) 449-2222
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"Honesty and Integrity" Licensed Broker Associate
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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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