A 50-year mortgage may look tempting to a cash-strapped homebuyer, trainer Bernice Ross writes, but the cons far outweigh the easier up-front and monthly payments.
Source: Inman News
8 reasons you should never recommend a 50-year mortgage
Published in 30-year mortgage, 50-year home loan, 50-year mortgage, Agent, Amortization, Banking & Lending, bernice ross, BrokerageUp, Columns, donald trump, equity, housing affordability, inman, Intergenerational Wealth, Markets & Economy, Mortgage, Opinion, pmi, private mortgage insurance, Profit.RealEstate, real estate financing, real estate investment trust, RealEstateCoach.com, refinance, reit, Select and service
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