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Struggling FHA Borrowers Can Now Get A 40-Year Mortgage Modification » As of May 8, homeowners who are straining to pay their Federal Housing Administration (FHA) mortgages have another lifeline: the 40-year mortgage modification. The FHA has instituted a new policy allowing financially strapped borrowers to have the term of their mortgage lengthened to 40 years, th

You should consider the downsides of 40-year mortgages, even if you can get one. » A 40-year mortgage can alleviate monthly budget pressure but comes with downsides.

The Pros And Cons Of A 40-Year Mortgage » You may decide to pursue a 40-year mortgage term. Make sure you understand the benefits and drawbacks when considering your options.

Can you get a 40-year mortgage? » As home affordability shrinks, some buyers are turning to 40-year mortgages. But while these loans have their perks, they're also pricey — and risky.

40-Year Mortgage: What It Is, Pros, and Cons - Credible » You may benefit from the lower payments that come with a 40-year mortgage. Find out more about this type of home loan.

No, you can’t get a 40-year mortgage. So why was that search trending on Google? » The bottom line: There is no new 40-year home-loan product. It was all a big misunderstanding, said Brian Rugg, chief credit officer at LoanDepot.

What Is a 40-Year Mortgage? | LendingTree » A 40-year mortgage can help lower your monthly mortgage payments, but there are tradeoffs. Learn more about a 40-year loan and whether it’s right for you.

What Is A 40-Year Mortgage? » A 40-year mortgage may be tempting, but it should be a last resort, not an easy strategy to achieve homeownership. Learn more about the 40-year mortgage here.

What is a 40-year loan and how does it work? » You should only consider this type of mortgage if the alternative is losing your home.

40-Year Mortgage Guide | Bankrate » A 40-year mortgage accumulates interest just like a 30-year mortgage, but over a longer term. See if a 40-year mortgage loan is right for you.


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