Learn More

Special Offers

Rate Buydowns

Using Landmark 24’s 3% towards closing costs and other available active incentives, you can use your incentive to buy down your interest rate with a buydown program. This effectively lowers your monthly payment based on the buydown program used.

*For example, on an FHA 30-year loan, with a sales price of $425,000, loan amount of $417,302, a 3.5% down payment, closing fees of $7,950, a 740 FICO score, with a note rate of 6.75% (7.704% APR), the monthly buydown principal, interest, and mortgage insurance payments are as follows: Year 1 – payment of $2,363.50 calculated at 4.75%; Year 2 – payment of $2,622.14 calculated at 5.75%; Year 3-30 – payment of $2,893.68 calculated at 6.75% for the life of the loan. Example includes principal, interest, and mortgage insurance only. Does not include property taxes, hazard insurance, or HOA dues. An escrow account is created that the seller deposited money in to “buydown” the difference in the subsidized monthly payment amount and the note rate. Available on Landmark 24 Homes financed by Landmark 24 Mortgage with purchase contracts signed 11/30/2024, or later, and must close by 12/31/2024. This offer is available for a limited time on select properties and can be discontinued at any time without prior notice. The buydown option is not available for all loan programs or all loan amounts. Available for Landmark 24 Homes qualified home buyers. Contact your MLO for current pricing. Example terms available as of 5/22/2024. Home buyers can refinance their new home with Landmark 24 Mortgage between 6-24 months from their home’s purchase, and not have to pay any lender fees associated with the refinance. Zero. ©2024 Landmark 24 Mortgage, LLC, 6002 Rogerdale Road, Ste 550, Houston, TX 77072. NMLS# 2527526. All rights reserved. Loans subject to credit, underwriting, and property approval. Not all loans are available in all areas and not all borrowers will qualify. This is not a commitment to lend. Terms and programs are subject to change without notice. Home loan products may involve appraisal fees, title search fees, and other fees, but there is no cost to obtain details or apply. Other terms and conditions apply. Some loans may be government insured. We are pledged to the letter and spirit of the United States policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. Provided as informational only.
Ready to Get Started?
We'll work with you every step of the way to make sure that your brand new home meets your every need.
Request InformationSubmit Form
SubscribeTo Our Newsletter
Our Lending Partner

To inquire about interest rates and mortgage programs, or to start the application process, contact our lending partner today. Learn More.

preferred vendor logo
Get StartedWith LandMark 24