40 Year Mortgage – A Legitimate Financing Option For Your Home?

Not popular until recently, 40 year mortgages are an option every home buyer can look into.  Instead of the typical 30 year mortgage, which amortizes the loan over a 30 year period, the 40 year mortgage amortizes the loan over a 40 year period.  This decreases the cost of the monthly payment, which is the primary reason prospective home buyers look into it.  You can use a 40 year mortgage … [Read more...]

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