The Cerca special:

Offering rates as low as 3.0%

When you work with our preferred lender, Cerca At The Domain will PAY THE ENTIRE COST of your 3-2-1 buydown! This will be valid for the first 24 units of the project.

So what is a 3-2-1 Buy Down? Read on below!

Ask about our New Years Special! Get under contract by 1/31/2025, and the developer will pay 3 years of HOA fees! (A nearly $5,000 incentive!)

Renovations Checklist: Download

Financing: 3-2-1 buy downs

So what is a 3-2-1 buy down?

A 3-2-1 buydown allows the borrower to pay lower interest rates for the first three years of the loan. In the first year, the interest rate is 3% less than the current rate, increasing by a percentage point for the next two years. For the fourth year, the rate will match the rate you locked in at the start of your mortgage.

Let’s say a buyer qualifies for a 30-year mortgage loan at an interest rate of 6%. If the buyer decides they want to lower the interest rate for three years with a 3-2-1 buydown, their schedule will be as follows:

The buyer will pay an interest rate of 3% in the first year.
The buyer will pay an interest rate of 4% in the second year.
The buyer will pay an interest rate of 3% in the third year.
From years 4-30, the buyer will pay the full 6%, unless they decide to sell or refinance.

Ask Tyler about his FREE refinance package as well! WHEN rates do come down, this will be a fantastic opportunity to lock in a long term mortgage at ANY TIME during the first three years of your loan. Refinance or sell WITHOUT a penalty.

If a “buydown” loan product isn’t the right one for you, not to worry! Our preferred lender has multiple loan options and products that will definitely fit your needs! Tyler has been in the mortgage industry for 10+ years, and he brings the experience and creativity that every buyer is looking for.