Fannie Mae Selling Guide B2-1.4-04: Temporary Interest Rate Buydowns
This topic contains information on temporary interest rate buydowns, including:
Fannie Mae publishes the full text of this section: Fannie Mae Single Family Selling Guide on the Fannie Mae website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- Provisions for Temporary Interest Rate Buydown Plans
- Buydown Funds Provided by Interested Parties to the Transaction
- Lender-Funded Buydowns
- Buydown Agreements
- Eligible Transaction Types
- Qualifying the Borrower
- Terms of the Buydown
- Buydown Funds
- Disposing of Buydown Funds
- MBS Pool Considerations
- Delivery Requirements
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.