AD Mortgage launches lender-paid rate buydown option

AD Mortgage on Tuesday launched a lender-paid rate buydown option that allows mortgage professionals to help eligible homebuyers reduce their initial monthly payments without seller, builder or other third-party contributions. The new option is designed to help AD Mortgage partners structure more competitive purchase offers while giving borrowers a more affordable start to homeownership, the company said. AD Mortgage also extended its temporary rate buydown promotion, offering an additional 50 basis points in enhanced pricing on eligible loans locked through Sept. 30, 2026. “Purchase affordability remains one of the biggest challenges facing borrowers today,” CEO Max Slyusarchuk said in a statement. “Our new lender-paid rate buydown option gives mortgage professionals another flexible way to structure competitive purchase loans without depending on seller or builder contributions. “Together with the extended pricing promotion for eligible loans, it can help more borrowers ease into homeownership and help our partners win more purchase business.” The lender-paid rate buydowns are available through AD Mortgage’s wholesale, non-delegated, Correspondent Plus and delegated channels for ...