Key facts
- AD Mortgage introduced a lender-paid rate buydown option for eligible purchase and rate-and-term refinance loans.
- The new option aims to help borrowers reduce initial monthly payments without third-party contributions.
- The company extended a promotion offering an additional 50 basis points in enhanced pricing for eligible loans locked through September 30, 2026.
- The lender-paid buydowns are available through wholesale, non-delegated, Correspondent Plus, and delegated channels.
- Eligible programs include Conventional Fixed (DU-eligible), 30-year fixed Apex Prime, Super Prime, and Prime.
AD Mortgage has launched a new lender-paid rate buydown option designed to assist eligible homebuyers in reducing their initial monthly mortgage payments. This option does not require contributions from sellers, builders, or other third parties, aiming to make purchase offers more competitive and homeownership more accessible.