A Seller-Paid 2-1 Buydown at 2126 Genoa Court in Loveland

Recent interest rate hikes got you down? There’s no need to stress!

The sellers of 2126 Genoa Court have agreed to pay for a 2-1 temporary rate buy down for the buyer. The home is listed at $484,500, and this financing option makes it worth another look if you’ve been trying to find a payment that works.

At a glance

• 2126 Genoa Court, Loveland, CO 80538
• Listed at $484,500
• Seller-paid 2-1 temporary rate buydown
• 3 bedrooms, 2.5 bathrooms
• 2,072 finished square feet on a 9,256-square-foot lot
• Custom passive solar design
• Main-floor primary suite and laundry
• Sunroom, fenced backyard, and attached two-car garage
• No HOA or metro district
• Across the street from Mehaffey Park

What is a 2-1 buydown?

A 2-1 buydown temporarily lowers the mortgage payment you make during the first two years of your loan. The sellers pay for the buydown as part of the purchase, and the amount needed depends on your specific financing.

Here’s how the payment generally works:

• Year one: Your payment is calculated using an interest rate two percentage points below your loan’s note rate.
• Year two: It’s calculated using a rate one percentage point below the note rate.
• Year three onward: Your payment is based on the full note rate.

For example, if your note rate were 6.5%, the first year’s payment would be calculated using 4.5%, the second year’s using 5.5%, and the third year’s using 6.5%. (These rates are an illustration, not a quote for this home). A lender can show you the actual payments for your loan, including taxes and insurance.

If rates improve later, you can ask about refinancing to get a permanently lower rate.

Click below to see the sample scenario:

A home with a little more personality

The financing offer is new, but the reasons to consider the house have been here all along.

2126 Genoa Court is a custom-built home on a quiet cul-de-sac in Loveland’s Lakemont neighborhood. The living room has large windows and a freestanding wood-burning stove—the kind of space that makes a snowy afternoon sound pretty appealing.

Just beyond it, the sunroom gives you a spot with its own purpose. It could be a place for coffee, reading, working from home, or the plants you keep promising you won’t buy any more of.

The main-floor primary suite is separate from the upstairs bedrooms, and the laundry is on the main floor as well. It’s a layout that offers some flexibility without asking everyone to live in one enormous open room.

The sellers have continued to invest in the home over the years. Updates include a new roof in 2026, replacement windows in the upstairs bedrooms and primary bedroom, luxury vinyl flooring through much of the main floor, two updated bathrooms, new fencing, updated appliances, and a newer water heater. Electric radiant heat provides quiet warmth during Colorado winters.

Mehaffey Park is part of the picture

Mehaffey Park sits across the street, with trails and plenty of ways to spend time outside. For the sellers, being close to the park—and living on this particular cul-de-sac—became part of their everyday routine.

At home, mature trees and a fenced backyard offer space for gardening, dogs, or simply sitting outside at the end of the day. Highway 34 is nearby when the mountains are calling, and downtown Loveland is a short drive away.

There’s more to this home than I can fit into one financing update. Read the original home story for a closer look at the layout, the updates, and what the sellers say they’ll miss most.

Come take another look

If you’d like to tour 2126 Genoa Court, or you toured it before and want to see it again with this offer in mind, reach out. I can arrange a showing and connect you with a lender who can prepare a payment scenario for your financing.

The seller-paid 2-1 temporary rate buydown is subject to the terms of an accepted purchase agreement, buyer qualification, and lender and loan-program approval. Interest rates and payment examples in this article are illustrative only. Ask your lender for a loan-specific estimate and the payment after the temporary buydown ends.