Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Extended Buydown Mortgage
FreddieMac
Updated 10-31-2026
Extended Buydown Mortgage
A Mortgage with a temporary subsidy buydown plan for which: The buydown plan extends for more than two years after the first scheduled payment date, or The effective interest rate during the buydown period is more than two percentage points below the Note Rate of the Mortgage regardless of the duration of the buydown period
FreddieMac Glossary
FreddieMac · p. 16
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