Join the GCB x NDSU Homecoming Party!
Thundar, the Gold Star Marching Band, NDSU Cheer Team, food trucks, bouncy houses and more. Plus, the first 500 attendees receive a free NDSU yard sign and Gate City Bank Field squishy!
See event details and RSVP on Facebook.

Buydown

Definition

When the seller, builder or buyer pays an amount of money up front to the lender to reduce monthly payments during the first few years of a mortgage. Buydowns can occur in both fixed- and adjustable-rate mortgages.