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by Boltzinator
Thu Sep 19, 2024 7:00 pm
Forum: Dealers & General Managers
Topic: Dealer Buydown
Replies: 0
Views: 13994

Dealer Buydown

For my work (with a consulting company), I'm trying to understand the mechanics of the dealer buydown process.

Does the dealer communicate the buydown during the initial application? And/or does the dealer submit a contract with a rate below the underwriter approved rate?

How does the dealer pay ...