Builder Buydown Program
Effective Financing Strategies for Today’s Home Builder.
About the Program
Give your buyers a competitive edge with our exclusive new-build incentive program. Designed to make homeownership more accessible, we offer flexible options like temporary buydowns to lower initial interest rates and a lender credit up to $3,000 to reduce closing costs—delivering real savings for your clients.
Our customizable Video Marketing Suite showcases your new builds beautifully, whether through detailed YouTube videos or engaging social media clips, helping you attract the right buyers and sell faster.
Don’t miss this opportunity to boost your sales. Partner with us today to learn more and start offering exceptional value to your clients. Contact us now to get started!
Financing Strategies
STRategy 1
Builder Provided 2-1, 1-1 OR 1-0 Temporary Buydown
Example of 2-1 temporary buydown: The buyer's interest rate is reduced by 2% in the 1st year and 1% in the 2nd year, returning to the original fixed rate after two years for the remainder of the loan term.
STRategy 2
Up to $3,000 Lender Credit Provided
We offer a lender credit of up to $3,000* towards closing costs, easing buyers' financial burden and making your listings more appealing, helping them sell faster.
STRategy 3
Video Marketing Suite to Boost Listings
At Gershman Mortgage, we offer a highly customizable and robust video marketing suite to showcase your listings, highlighting their best features to attract buyers and accelerate sales.
This Program is offered on new builds only.
Discuss with gershman mortgage to see which strategies work for you!
temporary buydown examples
Loan
Overview
Annual
Percentage
Rate (APR)
Total
Monthly Payment
Purchase
Price
Loan
Amount
5% Down
Payment
Rate
1
6.500%
7.112%
$2,702
$427,500
$22,500
$450,000
Video Marketing Suite
Video Marketing
Our customizable Video Marketing Suite allows you to showcase your new builds in the best light, highlighting all the unique features and benefits of the home and the surrounding community. Whether through engaging long-form videos for platforms like YouTube or short, impactful clips for social media, our marketing tools are designed to attract and engage the right buyers, helping your listings stand out and sell faster.
Program Details
Unlock exceptional opportunities for your buyers with our exclusive new-build incentive program. Designed to make homeownership more attainable and attractive, our program offers a range of options to suit every buyer's needs. From temporary buydowns that lower interest rates in the initial years to a generous lender credit up to $3,000 that reduces closing costs, our program provides significant savings and financial benefits for your clients.
Get in touch.
CONTACT
1557 E. Primrose St., Ste. 100
Springfield, MO 65804
417-888-0320
gershman.com
Office Hours
Monday to Friday
8:30 am to 5:00 pm
Get Social
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Rates as of 8/27/24. Rates are subject to change based on current market conditions. Hypothetical interest rate based on 740 FICO score and includes one and a half (1.5) discount points paid at closing. Investor rates are not guaranteed until locked with Gershman Mortgage. Temporary Buydown is $9,729.65 and must be paid at closing by the home builder (subject to FNMA/FHLMC Interest Part Contribution limits). Annual Percentage Rate (APR) and payment based on 2-1 Temporary Buydown for a $427,500 total loan amount with 5% down-payment for a 30-year term at $2,702.09 principal & interest payment. *Lender credit is based on 1% of the total loan amount, and is up to $3,000. Monthly payment for principal and interest only. Amount shown does not include the required monthly payment for real estate taxes, hazard insurance, or if applicable, mortgage insurance premium or flood insurance premiums. Mortgage insurance may be required if down-payment is less than 20% this may increase the monthly payment and APR. 1557 E. Primrose St., Ste. 100, Springfield, MO 65804 NMLS ID# 138063 417-883-4900.This is for informational purposes only and not an offer to lend or extend credit. Subject to credit and income approval. Terms and conditions are subject to change pending agency and investor guidelines. For more licensing information, please visit the NMLS Consumer Access page: http://nmlsconsumeraccess.org/. The listed real estate agent, builder, and their associated companies are not affiliated with Gershman Mortgage.
