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50 Year Mortgages
To the best of our knowledge 50 year mortgage loan
programs no longer exist. You can use the rate survey
below to find mortgage
rates and information on a variety of other fixed
rate loan products.
This
page originally highlighted First Franklin's 50 year
fixed rate mortgage product. The program was essentially
a 30 year fixed rate mortgage with a 50 year loan
amortization. They also offered this product as a
2/28, 3/27 and 5/25 ARMs with a 50 year home mortgage
loan amortization. With these alternatives, one's
rate remained locked for 2 years, 3 years, or 5 years
and then begin to adjust upward after the corresponding
period of time. The program was fairly short lived
and Merrill Lynch, who owned First Franklin, eventually
shut down this subsidiary due to the sub prime lending
environment.
Today, fixed rate mortgages remain the most popular
home financing products of choice. If you would like
to discuss any fixed rate loan solutions, contact
the various lenders and brokers listed on ForTheBestRate.com.
40
Year Mortgages
30
Year Mortgages
20
Year Mortgages
15
Year Mortgages
10
Year Mortgages
You can also find more information on 10
year mortgage rates and home loan programs on
our product specific CMG Equities, LLC web site at
a10YearMortgage.com which is dedicated to helping
consumers become educated on the pros and cons of
10 year home financing.
