HUD Announces a New Financing Option, the 50 Year Mortgage

This week the HUD announced a new 50 Year mortgage option to promote more home ownership among first time home buyers.

What will be the impact of this program?

Will it help first time buyers and more importantly what does it do to your payment monthly and over the life of the loan.

If you plan to use one of these, make sure you listen in and learn our strategies to make it work best for you.

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