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Ask Shop Rate: Joe, IL

Posted by  on Apr 16, 2009
 
How can I find lenders who offer a 50 year mortgage? The 50 yr loan isn't presently a popular product. The rates are
significantly higher then the 40 yr and the payment is very marginally less. Very few lenders are offering it for that reason. You can search for a 40 yr on-line or on Shoprate.com or ask any of the particpants what long-term mortgage programs they may offer.


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