Leaders offers different temporary buydown options for qualified buyers working in conjunction with your builder and agent. Please talk with us to see how we might be able to meet your specific needs! Below is an example of a 2/1 buydown.
2/1 Buydown Information
Loan Scenario
After the end of the buydown period, the interest rate will go the full interest rate of 7.49%. The principal and interest payment starting after the buydown will be $2671.28.
Your Mortgage Champion

Ross Priddy
Mortgage Champion
NMLS# 1123578
Email Ross Priddy731.217.3449
1490 Union University Dr. | Jackson Apply with RossComplete this short form and one of our Mortgage Champions will reach back out with more information about our temporary buydown options.
If you'd like to run your own scenarios, feel free launch buydown calculator now.
If you'd like to run your own scenarios, feel free launch buydown calculator now.
Disclosures
1. - The APR for the full interest rate on this scenario is 7.753% and includes 1 discount points as determined on 11/13/2023.
2. - This is the principal and interest (P & I) payment based on the full interest rate without the buydown applied.
This loan scenario is based on a 760 credit score. This is not a commitment to lend nor a preapproval. The rate and payments
on this form are not guaranteed and are estimates. This quote does not include any closing costs associated with the closing of a mortgage loan with Leaders Credit Union. To get an official loan estimate, rate, payments, and terms please talk with our Mortgage Champions to start the application process. They will be happy to help!
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
Leaders Credit Union, is an Equal Housing Lender. NMLS# 402804. This is not an offer for extension of credit or a commitment
to lend. Leaders Credit Union, PO, Box 10008, Jackson, TN 38308.