Lyon Lane’s (www.lyonlanenoho.com) builder Homebound is currently making select homes available at the project for a 2/1 rate buy down. This incentive allows these units to be purchased at a 4.625% mortgage rate for the first year, providing time to save money and refinance the mortgage after the buy-down period runs out. To learn more about how rate buy-downs work, check out https://www.investopedia.com/terms/1/2-1_buydown.asp.
Keller Williams Beach Cities - Coe Real Estate Group, Inc