Tag Archive for: 40-year mortgages

Payment Relief Loans: Interest-Only; 40-Year Amortization; Buydowns; Graduated Payment Loans; Overrated?

Buyers are desperately looking for payment relief options right now in today’s high-rate environment. But many of the options available come with higher interest rates that not only offset the relief, but they also come with payments that are actually higher!Read More

Why I HATE 40-Year Mortgages

There has been a lot of hubbub recently about FHA’s 40-year mortgages. But – it is all for naught, as FHA is ONLY offering 40-year mortgages for loan modifications for […]Read More