3-2-1 Buydown

With Colonial’s 3-2-1 Buydown Program, you can enjoy BIG SAVINGS on your monthly payment throughout the first three years of your mortgage.* With this program, your interest rate is reduced 3% for the first year, 2% for the second year and 1% for the third year. Following the end of the third year, the rate will return to the full note rate for the remainder of the mortgage term. Don’t miss out on this opportunity to save!


Benefits For Homebuyers


Improved cash flow for the first 3 years of your mortgage

Lower monthly payments for the first 3 years, allowing more cash-on-hand to make home improvements, purchase furniture or increase savings

Great option for those who plan to refinance later to eliminate PMI or reduce initial rates and terms


*Amount must be considered in third-party contribution limits in accordance with investor guidelines. Rates and terms subject to change without notice. This is not a firm offer of credit, or a pre-approval. All applicants are assessed following a completed application. Colonial National Mortgage is a division of Colonial Savings, F.A. NMLS 401285.