Non-QM 2-1 Buydown
Use Interested Party Contributions to lower monthly payments and provide huge savings for the first 2 years for Non-QM borrowers!
Sequoia 2-1 Buydown
For Self Employed Borrowers
- Use Seller, Realtor or Lender (with YSP) Contributions to Lower Monthly Payments for First 2 Years
Year 1 Equivalent Rate = 2% Lower than the Note Rate
Year 2 Equivalent Rate = 1% Lower than the Note Rate
Year 3-30 = Full Payment with Note Rate - Qualify on Note Rate
- Primary Residence Purchases Only
- Available on Sequoia Non-QM and Sequoia Non-QM Expanded
- Qualify with W-2, Personal or Business Bank Statements, 1099, Asset Utilization or CPA Letter
- Up to 85% LTV
- 640 Min Credit Score
- Loan Amounts Up to $3M
- 15, 30, and 40-Year Fixed