How to Use Incentives to Your Advantage as a Homebuyer

Homebuyer incentives such as seller credits, mortgage points, interest rate buydowns, builder upgrades, and lender credits can reduce upfront costs or monthly payments, making homeownership more affordable. Seller credits help cover closing costs, while buydowns lower interest rates temporarily or permanently. New construction may offer additional incentives. Understanding and negotiating these options can maximize savings and ease the homebuying process.