Traditionally, many buyers and agents are familiar with temporary rate buydowns like the 3-2-1 program. In that structure, the seller uses concessions to lower the interest rate for the first few years of the loan—3% the first year, 2% the second, 1% the third—before the rate returns to the original market rate. While effective in the short term, temporary buydowns don’t provide a lasting solution.
Our Permanent Buydown Program flips this idea into a long-term advantage. Instead of applying seller concessions to just the first few years, we use those concessions to permanently lower your interest rate for the life of the loan.
For example:
If today’s market rate is 6%, and the seller offers a 2% concession, we apply that directly to the loan.
Your new rate becomes 4%—not just for a few years, but for the entire term of your mortgage.
This means lower monthly payments, stronger buying power, and peace of mind knowing your financing is structured for the long haul.
For Buyers: A permanently lower interest rate can mean significant savings over the life of the loan, making homeownership more affordable and sustainable.
For Sellers: Offering this strategy makes your listing stand out in a competitive market, creating a strong incentive for motivated buyers.
For Agents & Partners: This is another tool to bring creative solutions to your clients, positioning you as a trusted advisor who understands the market.
Instead of focusing only on short-term benefits, the Permanent Buydown Program gives buyers a true financial edge and sellers an effective way to make deals happen. It’s a win-win strategy in today’s evolving real estate market.
If you’re a buyer, seller, or real estate professional interested in how our Permanent Rate Buydown Program can work for you, let’s connect. Our team at Park Place Collective is here to walk you through the numbers and show you how this strategy can open the door to long-term savings and stronger negotiations.
info@parkplacecollective.com (619) 990-7552
Joe Costa NMLS: 113396
646-245-7856
