Buy-down Account

An account in which money is held so that it can be applied to the monthly mortgage payments, as each payment comes due, during the period that an interest rate buy-down plan is in effect.

Previous PostNext Post

Related Posts

November 13, 2025

Protect Your Wallet: Holiday Fraud Prevention Tips from First Reliance

0
A miniature house sitting on top of coins and cash.
October 30, 2025

Why Choose a HELOC with First Reliance

0
Hand holding piggy bank, while second hand puts coin into the piggy bank.
October 17, 2025

Unlocking the Value of First Reliance’s BaZing Benefits

0

Leave Site

You are about to leave First Reliance Bank's website and enter a third-party website. First Reliance Bank may be not responsible for the content, products, services, privacy policies, or security of any third-party sites.

Continue