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Old 07-22-2005, 04:50 PM   #1 (permalink)
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Default 40-year Arms

What experinece have you had with 40 year arms? What are your thoughts and opinions on the product? I have never had a client use one, nor have I evr used one personally!
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Old 07-23-2005, 10:03 AM   #2 (permalink)
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We have had 40 Year Fixed loan programs for sometime now! However, I think that the Banks are going to have to get even more creative with all the new regulations that is being talked about! Who knows maybe 50-60 Year Fixed Loan programs in the future???
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Old 07-23-2005, 06:41 PM   #3 (permalink)
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I have heard the same buzz...its odd to think about having a loan for a possible 60 years!
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Old 08-11-2005, 05:46 PM   #4 (permalink)
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I know! Things have sure changed over the past 15 years or so!!
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