In Episode 23 of the HBA BuildCast, Rebecca Harris of HBA|GBR sits down with David Alello and Mike Hebert with Assurance Financial, HBA Platinum Industry Partner. Listen in as David and Mike explain the 2-1 Buydown product and Assurance Financial's Builder Program.

Interested in learning more about the Assurance Financial? Visit them on the web at https://assurancemortgage.com or you can reach their Bluebonnet branch at 225-218-9746 or their Prairieville branch at 225-239-7166.

In this Episode:

1:00 - David's role as Regional Sales Manager at Assurance

1:35 - Assurance Financial got its start in Baton Rouge

1:57 - Assurance Financial is represented in several states across the US

2:52 - Mike's role at Assurance as Branch Manager in the Prairieville Office

4:35 - Assurance is always looking to expand their product suite

5:18 - A product that has come back in to the market is the: 2-1 Buydown

6:20 - Essentially buying down the interest for the borrower

7:45 - Opportunity for builders or real estate agents to market to homebuyers

8:26 - The buydown program can be a good fit for any potential homebuyer

9:20 - Present your property in a light to attract more buyers

9:36 - Join us at the HBA Gumbo Cookoff - register at hbagbr.org/events

10:20 - Biggest advantages to the buydown program

11:10 - Potential for homeowners to refinance after the buydown program to lock in a lower rate

11:22 - If rates drop within a year and the homeowner is able to refinance, the unused funds that were allocated to buy down a rate are returned to homeowner

11:45 - If interested in participating in the buydown program contact any of Assurance Financial's Loan Officers to learn more

12:27 - Assurance Financial's Builder Program

13:15 - A partnership between Assurance Financial and Builders to provide credit or closing costs funds to builders

15:15 - The Assurance Difference: What sets Assurance Financial apart

16:15 - Provides quality pre-approval documentation

18:35 - Assurance Financial can provide spanish communication and translation to any potential homebuyer or seller

19:09 - Best advice Mike has been given

19:20 - Best advice David has been given

Felicity Dupont with the Remodelers Council

HBA BuildCastBy HBA PodcastSep 29, 2022