--- title: New! Temporary Buydowns are Available Now! description: Plaza Home Mortgage® has a new buydown option for our Broker clients! We are offering 2-1 and 1-0 seller paid buydowns on our Fannie Mae®, Freddie Mac, FHA, VA, and USDA fixed rate programs! --- [Skip to Content](https://news.plazahomemortgage.com/newsupdates/temporary-buydowns#main) - [wholesale](https://www.plazahomemortgage.com/becomeabroker/) - [Non-Delegated Correspondent](https://www.plazahomemortgage.com/minicorrespondent/) - [national correspondent](https://www.plazahomemortgage.com/correspondentlending/) - [reverse](https://www.plazahomemortgage.com/reverse/) - [about us](https://www.plazahomemortgage.com/aboutus/) - [contact us](https://www.plazahomemortgage.com/contactus/) [logo links to homepage](https://www.plazahomemortgage.com/) - [Wholesale](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Non-Delegated Correspondent](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [National Correspondent](https://www.plazahomemortgage.com/login/) - [Reverse](https://www.plazahomemortgage.com/login/) - [wholesale](https://www.plazahomemortgage.com/becomeabroker/) - [Non-Delegated Correspondent](https://www.plazahomemortgage.com/minicorrespondent/) - [national correspondent](https://www.plazahomemortgage.com/correspondentlending/) - [reverse](https://www.plazahomemortgage.com/reverse/) - [about us](https://www.plazahomemortgage.com/aboutus/) - [contact us](https://www.plazahomemortgage.com/contactus/) - [Guest Login](https://www.plazahomemortgage.com/login/) - [Broker Login](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Mini-Correspondent Login](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Correspondent Login](https://www.plazahomemortgage.com/login/) - [Reverse Login](https://www.plazahomemortgage.com/login/) ![PHM_Blog_Hero_820](https://news.plazahomemortgage.com/hubfs/PHM_Blog_Hero_820.jpg "PHM_Blog_Hero_820") # Plaza News + Updates # New! Temporary Buydowns are Available Now! Posted by [Plaza Wholesale](https://news.plazahomemortgage.com/newsupdates/author/plaza-wholesale) on November 1, 2022 **2-1 and 1-0 Buydowns Are Here!** Help your borrowers get the extra boost they may need to make their home purchase a reality. [Plaza Home Mortgage](https://www.plazahomemortgage.com/?utm_campaign=Jumbo%20AUS%202&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8zpQz54LG9SAKrOttaT29UA_d3Topl32UKVlNazw2rprjpeCB4DlO-jVTxUicM2mJeIAaq)® has a new buydown option for our Broker clients! Available today, November 1, 2022, we are offering [2-1 and 1-0 seller paid buydowns](https://info.plazahomemortgage.com/temporary-buydown?utm_campaign=Jumbo%20AUS%202&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8zpQz54LG9SAKrOttaT29UA_d3Topl32UKVlNazw2rprjpeCB4DlO-jVTxUicM2mJeIAaq) on our Fannie Mae®, Freddie Mac, FHA, VA, and USDA fixed rate programs! Using a buydown reduces the borrower's monthly payment for the first one or two years, giving them more affordable payments. **Benefits of Using a Temporary Buydown** - Lower payment for the first one or two years of the mortgage - No out of pocket cost to the borrower - funds are contributed by the seller, builder or another eligible party - If the loan is paid off through refinance or sale before the account is depleted, any remaining funds will be applied to the principal - Borrowers know how to plan with pre-determined, predictable payment increases **Guideline Highlights** - 2-1 and 1-0 buydown options - Funds may come from the seller, builder or another eligible interested party - Fannie Mae/Freddie Mac, FHA, VA and USDA Fixed Rate programs - Purchase transactions only, Primary Residence or Second Home (program permitting) All of the specifics can be found in our program guidelines, and be sure to connect with your Plaza Account Executive today to start offering this option to borrowers and real estate partners. Topics: [Wholesale News](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news), [Wholesale Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates), [Plaza at a Glance](https://news.plazahomemortgage.com/newsupdates/tag/plaza-at-a-glance), [Non-Delegated Correspondent News](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news), [Non-Delegated Correspondent Program Updates](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates) [![See All Posts](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/5238866/28816e45-adc9-4bb0-9239-7ef383b72234.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/5238866/28816e45-adc9-4bb0-9239-7ef383b72234) Not signed up with Plaza yet? Call us at 866.241.7283 or start your online application below. [![Get Started with Plaza](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/5238866/ac1e06dc-228e-4411-8907-10e4c82d143c.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/5238866/ac1e06dc-228e-4411-8907-10e4c82d143c) Have a question? [Email us](mailto:hereforyou@plazahomemortgage.com)! ### Recent Posts ### Posts by Tag - [Plaza at a Glance (113)](https://news.plazahomemortgage.com/newsupdates/tag/plaza-at-a-glance) - [Wholesale News (84)](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-news) - [Non-Delegated Correspondent News (71)](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-news) - [Plaza Training (64)](https://news.plazahomemortgage.com/newsupdates/tag/plaza-training) - [National Correspondent News (54)](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-news) - [Wholesale Program Updates (47)](https://news.plazahomemortgage.com/newsupdates/tag/wholesale-program-updates) - [Non-Delegated Correspondent Program Updates (36)](https://news.plazahomemortgage.com/newsupdates/tag/non-delegated-correspondent-program-updates) - [National Correspondent Program Updates (23)](https://news.plazahomemortgage.com/newsupdates/tag/national-correspondent-program-updates) - [Plaza in the News (13)](https://news.plazahomemortgage.com/newsupdates/tag/plaza-in-the-news) - [BREEZE LOS (11)](https://news.plazahomemortgage.com/newsupdates/tag/breeze-los) - [Government Loans (10)](https://news.plazahomemortgage.com/newsupdates/tag/government-loans) - [eClosing and Digital Lending Tools (6)](https://news.plazahomemortgage.com/newsupdates/tag/eclosing-and-digital-lending-tools) - [FHA Loans (5)](https://news.plazahomemortgage.com/newsupdates/tag/fha-loans) - [Plaza Events (5)](https://news.plazahomemortgage.com/newsupdates/tag/plaza-events) - [Correspondent Certified Loan Program (4)](https://news.plazahomemortgage.com/newsupdates/tag/correspondent-certified-loan-program) - [Renovation Loans (4)](https://news.plazahomemortgage.com/newsupdates/tag/renovation-loans) - [Jumbo Reverse (3)](https://news.plazahomemortgage.com/newsupdates/tag/jumbo-reverse) - [Reverse HECM (3)](https://news.plazahomemortgage.com/newsupdates/tag/reverse-hecm) - [Client Case Studies (2)](https://news.plazahomemortgage.com/newsupdates/tag/client-case-studies) - [Condo Lending (1)](https://news.plazahomemortgage.com/newsupdates/tag/condo-lending) - [USDA Loans (1)](https://news.plazahomemortgage.com/newsupdates/tag/usda-loans) - [VA Loans (1)](https://news.plazahomemortgage.com/newsupdates/tag/va-loans) See all [![Plaza](https://news.plazahomemortgage.com/hubfs/Plaza_January2020%20Theme/images/LIVE-PHM-vert-REV-T_small.png)](https://www.plazahomemortgage.com/) - [Licenses](https://www.plazahomemortgage.com/licenses/) - [careers](https://www.plazahomemortgage.com/careers/) - [contact](https://www.plazahomemortgage.com/contactus/) - [borrower info](https://www.plazahomemortgage.com/customerservice/) - [press](https://www.plazahomemortgage.com/pressreleases/) - [policies](https://www.plazahomemortgage.com/privacy/) - [resources](https://www.plazahomemortgage.com/resources/) - [training](https://www.plazahomemortgage.com/calendar/) - [Privacy](https://www.plazahomemortgage.com/privacypolicy/) - - - [NMLS](http://www.nmlsconsumeraccess.org/) [Plaza NMLS 2113](http://www.nmlsconsumeraccess.org/)