Looking for a Lower Mortgage Rate?

Reduce your rate and save money with a mortgage buydown.

A mortgage buydown from BankFive allows you to secure a lower interest rate for the first two years of your mortgage. With a buydown, you can reduce your locked-in mortgage rate by 2% during the first year of your mortgage and 1% during the second year.*

Purchase a home with lower payments.

At BankFive, we pride ourselves on helping customers achieve their home ownership dreams with loan options that fit their financial situation. A buydown can provide you with lower monthly payments during the first two years of your mortgage so you can ease into the costs of owning a home. Use those monthly savings to pay down debt, furnish your home, or buy that new lawnmower!

How it works:

• Year 1: Your interest rate will be 2% lower than your locked-in mortgage rate

• Year 2: Your interest rate will be 1% lower than your locked-in mortgage rate

• Year 3 and after: Your interest rate will return to the mortgage rate you locked in at closing

Contact us today to learn more about the Mortgage Buydown program and get started with an application.

*Restrictions may apply. Rates, terms, dates, and conditions are subject to change without notice. Borrowers must meet all requirements. All loans are subject to credit approval. 

_{BankFive NMLS #525575 • Member FDIC • Member DIF • Equal Housing Lender}