3-2-1 Buydown

Enjoy Interest Rates as low as 4.125%

FOR A LIMITED TIME! Exclusively with First Colony Mortgage made possible through a 3-2-1 Buydown


Don't let interest rates hold you back from achieving your homeownership goals. Learn about how you can have Affordable Monthly Payments with our 3-2-1 Buydown Program. For a LIMITED-TIME, we are thrilled to offer an exclusive 3-2-1 Buydown. Interest rates as low as 4.125% exclusively with First Colony Mortgage made possible through a 3-2-1 buydown. This incentive is available on select homes. Please inquire with your sales professional for details. 



HOME PRICE$600,000HOME PRICE$800,000

Year 14.125%$2,3264.125%$3,102
Year 25.125%$2,6145.125%$3,485
Year 36.125%$2,9176.125%$3,889
Year 47.125%$3,2347.125%$4,312

APR 7.34%
APR 7.336%

The 3-2-1 buydown is a prepayment of interest on a mortgage for the first three years. The buydown rate is typically three percentage points lower during the first year, two percentage points lower during the second year, & one percentage point lower in the third year. Therefore, your payment will rise as the buydown funds are depleted.

Offer Details:
In order to qualify for the incentive, buyer must put 20% down and use First Colony Mortgage. Not all buyers qualify. Monthly payment is not inclusive of estimated taxes, insurance, PMI, and is based off 780+ FICO score. These loan estimates are not a substitute for the expertise that your First Colony Mortgage consultant offers. The figures shown represent monthly principal & interest payments only and do not include taxes and insurance. These are estimates only, not guaranteed payment amounts. Mortgage insurance is required on all conventional loans with a down payment of less than 20% & all FHA loans. Lender paid Mortgage Insurance results in a loan with a higher interest rate than one with other mortgage insurance options. Estimated payments & APR are based on 780+ FICO credit score. Loans are subject to credit approval.
See Sales Associate for details.


Have questions? We have answers! Contact us to learn more!