Tracy Bellevance, Vice President of Mortgage Lending at CrossCountry Mortgage, is one of our trusted lending partners.
In this video, Tracy explains her top 5 reasons to buy real estate in Boston right now, including strategies that lenders can use to combat rising interest rates and significantly reduce monthly mortgage payments. One of these is the temporary or permanent seller paid buydown strategy, which can be employed on conforming and non-conforming high balance loans (up to $770k) to help home buyers combat high monthly principle and interest payments. In some cases this can help homebuyers reduce payments by $800 or more per month.
Take a look at this video to learn more about the strategies and tactics Tracy uses to put together offers that benefit her clients by enabling them to leverage the current buyers market without being adversely affected by rate increases.