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Glossary   >   B   >   "Buydowns" Definition            Buydowns Mortgages in which monthly payments consist of principal and interest. During the early part of the loan positions of these payments are provided by a third party to reduce the borrowers monthly payments. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Buydowns - Mortgages in which monthly payments consist of principal and interest. During the early part of the loan positions of these payments are provided by a third party to reduce the borrowers monthly payments.