SHAWN DOERR
SHAWN DOERR
(217) 248-0457
Each Office is Independently
Owned and Operated
The Name to Remember
The Name to Trust

Real Estate Glossary

  Buydown Account

An account in which funds are held so that they can be applied as part of the monthly mortgage payment as each payment comes due during the period that an interest rate buydown plan is in effect.

 

[ Back To Real Estate Glossary ]