0% down, 40 Year amortization still available
- 19.08.2008
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You may read that 40 year amortizations are hard to find, but 0% down, 40 Year amortization still available
While some homebuyers may be procrastinating on their purchases, it is important to let them know that they are still able to buy with no money down and amortize their mortgages up to 40 years.
As these products will only be offered for the next two months (until October 15th).
Combine that with falling interest rates. The 5 year fixed has just come down to 5.24% and the variable is at 4.10% (or .65 below prime).
Please let me know if you have any questions,
Mark
