Compared to the 30-year fixed mortgage, the 40-year fixed mortgage offers monthly loan payments that would be less than a 30-year mortgage on the same house. |
The response to our expanded product offering has been tremendous. |
These exciting new programs are going to open doors for thousands of California families who may have thought buying their first home was impossible. |
While the 40-year mortgage may not be right for everyone, it does offer first-time home buyers another way to help achieve their goal of home ownership. |