The Inflation Buster Buydown
For a limited time, Novus Home Mortgage pays for a temporary 1-0 buydown on qualifying purchase loans. It can help lower your monthly payment for the first year. Your note rate stays the same. It works for a home you’ll live in, a second home or an investment property.
What the offer is
A temporary buydown lowers the amount you pay each month for a set time. With a 1-0 buydown, that time is the first year of the loan. For this offer, Novus pays the cost of the buydown on qualifying loans. The seller does not have to agree to pay for it.
Your loan’s note rate does not change. In most cases, you qualify at the full note rate. After the first year, you pay the full monthly payment based on that rate.
The offer is free for home buyers working with our team during the offer window, October 1, 2026 to December 31, 2026. Qualifying loans also get a credit toward the appraisal at closing. The full terms are on the official registration site.
Key dates
- Your purchase contract must be ratified between October 1, 2026 and December 31, 2026.
- Your loan must close by December 31, 2026.
- A closing date is never guaranteed. Start early so there is time for the appraisal, title work and underwriting.
Who can use it
- Buyers of a primary residence, a second home or an investment property.
- Purchase loans only. Refinances don’t qualify.
- Not every loan program allows a lender-paid buydown. I’ll tell you which programs fit your purchase.
- All loans are subject to credit approval and program rules.
Buying a second home or rental? Start with second home and investment property loans. Buying a home to live in? See buying a home in Charlottesville and Central Virginia.
Can the seller still help?
Yes, in some cases. A seller-funded buydown or other seller credit is separate from this offer. It depends on the seller agreeing to it, and it must fit the loan program’s limits on seller contributions.
How to register
Register on the official site and I’ll follow up. Registering is not a loan application or a commitment to lend. You can also call or text me at 434-443-6557.
Inflation Buster Buydown questions
What is the Inflation Buster Buydown from Andy Zemon and Novus Home Mortgage?
It is a limited-time, lender-paid temporary 1-0 buydown on qualifying purchase loans. Novus pays part of your monthly payment for the first year. It applies to purchase contracts ratified between October 1 and December 31, 2026 that close by December 31, 2026. It is subject to credit approval and program rules.
Does the Inflation Buster Buydown lower my interest rate?
No. Your note rate does not change. The loan accrues interest at the full note rate for the whole term. For the first year, part of your monthly payment is paid for you. After that, you pay the full payment based on the note rate.
Who pays for the Inflation Buster Buydown?
Novus Home Mortgage pays for the temporary buydown on qualifying loans, so no seller concession is needed for it. It is free for home buyers working with our team during the offer window, October 1 to December 31, 2026.
When does the Inflation Buster Buydown offer end?
The purchase contract must be ratified between October 1 and December 31, 2026, and the loan must close by December 31, 2026. A closing date is never guaranteed, so start early.
Which home purchases can qualify for the Inflation Buster Buydown?
Purchases of a primary residence, a second home or an investment property can qualify, subject to credit approval and loan program rules. Refinances do not qualify. Not every loan program allows a lender-paid buydown, so ask Andy which programs fit your purchase.
Can a seller-paid buydown be added to the Inflation Buster Buydown?
A seller-funded buydown is separate from this offer. It depends on the seller agreeing to pay for it, and it must fit the loan program’s limits on seller contributions.
Does the Inflation Buster Buydown include an appraisal credit?
Yes. Qualifying loans also get a credit toward the appraisal at closing. See the official offer terms on the Inflation Buster Buydown registration site for details.
How do I register for the Inflation Buster Buydown?
Register on the Inflation Buster Buydown site at inflationbusterbuydown.com, or call or text Andy Zemon at (434) 443-6557. Registering is not a loan application or a commitment to lend.