The nonbank mortgage lender says 40-year, interest-only loans will help borrowers and investors who have been priced out of today’s housing market.
Source: Inman News
Newrez returns to playbook, brings back 40-year fixed-rate mortgage
Published in 40-year mortgage, 50-year mortgage, Buyers Tools, Jeff Gravelle, Mortgage, New Residential Investment, New Residential Investment Corp., NewRez, non QM and Select
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