Posted by ALI on March 04, 2000 at 20:53:02:
yes i am mortgage broker and we do 40 yrs loans.
need help
call 972-466-2551
or email
40 Year Loan? - Posted by Brian
Posted by Brian on March 04, 2000 at 15:28:16:
Does anyone know if there is a lender out there that
does a 40 year loan for real estate? Of course there are
30 year loans, but I am interested in a 40 year loan???
Re: 40 Year Loan? - Posted by Joe Kaiser
Posted by Joe Kaiser on March 04, 2000 at 21:21:01:
Have you compared a 30 to a 40 year loan? I think you’ll be amazed at how little it changes the monthly payment, especially at higher interest rates.
Joe
Re: 40 Year Loan? - Posted by Steve (NY)
Posted by Steve (NY) on March 04, 2000 at 20:41:51:
Brian,
Do you have any idea how much interest you’d pay on a 40yr. loan? Why would you want to go so long?
-Steve
Re: 40 Year Loan? - Posted by Robert McNeely
Posted by Robert McNeely on March 04, 2000 at 17:26:27:
I just bought a foreclosed house with a 38 year loan backed by the USDA. Don’t know of a specific lender.