40 Year Mortgage Options Have Begun
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Sam MacArthur
What’s Happening?
The first glance of 40 Year Mortgages has begun. Certain loans are allowing 40 year terms to be a thing, and good or bad we are offering all options available!
💡 Who these options are really for right now?
Investors - Investors are the main focus of the 40 year to start. 40 year mortgages creates lower monthly payments, and more opportunities for cash flow and flexible financing.
🧠 Summary for Clients
Key Takeaway - 40 Year Terms are only available for Jumbo & Bank Statement Loans today. With Plan to release a DSCR 40 Year Term in a couple weeks. At the time of this email there are no 1st Time Homebuyer 40 Year Loan Terms but as is like everything once things begin. It is just a matter of time.