Ivory Homes is heating up the summer with Sizzling Summer Deals, and one of the most exciting offers is a limited-time 2/1 buydown incentive that lowers your monthly payments during the first two years of your mortgage.

If you’ve been waiting for the right time to buy, this could be it.

💸 What is a 2/1 Buydown?

A 2/1 buydown is a financing incentive where your interest rate stays fixed, but Ivory prepays a portion of your monthly mortgage payment for the first two years. This reduces the amount you owe each month without changing your locked-in interest rate.

With our offer:

• Year 1: Your monthly payments are based on a rate of 3.49%

• Year 2: Payments are based on a rate of 4.49%

• Years 3–30: Payments are based on the actual note rate of 5.49%

The full interest rate is fixed at the time of closing. The buydown simply reduces your out-of-pocket monthly cost during the first two years.

📝 FHA 30-year fixed rate 2/1 buydown as low as 5.49%. Rate indicators as of 7/29/2025. Offer available on select homes when financed through Ivory’s preferred lender. Subject to credit approval. Rates are subject to change without notice.

🔥 Why Buyers Are Acting Now

• Lower monthly payments during years 1 and 2

• More flexibility in your budget as you transition into homeownership

• Available on move-in ready homes across Utah

• Financing through a trusted, preferred lender makes the process simple

🏡 Sizzling Summer Deals

This August, select homes across our communities qualify for not just the 2/1 buydown incentive, but additional summer savings as well. These include:

• Special incentives on quick move-in homes

• Personalized help at our Customer Design Center

• Streamlined financing all in one place

💬 Frequently Asked Questions

What does a 2/1 buydown actually do?

Ivory covers a portion of your mortgage payment for the first two years, reducing your monthly cost without changing your interest rate.

Who qualifies for the offer?

Buyers who finance through our preferred lender and purchase a qualifying move-in ready home.

Is the interest rate fixed?

Yes. The interest rate is fixed for the life of the loan. The 2/1 buydown only affects your monthly payment amount during the first two years.

Are rates guaranteed?

Rates are always subject to change and are only locked once you’ve completed the rate lock process with our preferred lender. Speak with a sales consultant to review current offers.

How long is this available?

Offers are limited and only available during August, while supplies last.

📍 Ready to Take Advantage?

Visit one of our model homes, talk to a community agent, or speak with our lending team today to find out if this incentive is right for you.