50 Year Mortgage, California Mortgage

In 2006 we saw the introduction of the 50-year mortgage. Some homeowners were excited others were not. The 50-year mortgage allows the homeowner to lower their monthly payment compared to a traditional 30-year mortgage. You are paying both principal and interest on a monthly basis. Sometimes the payments are around the same as an Interest Only payments which is a huge benefit. Below are some different lengths in mortgage terms:

Adjustable rate mortgages (mortgages that have a fixed term and then adjust) are usually 30-year mortgages that have a fixed rate for 2, 3, 5, 7 or 10-years. There are some mortgage programs that base their adjustable rate programs on 40 or 50 year mortgages.

In association with JB Mortgage Capital, Inc. - 11901 Santa Monica Blvd. #319 - Los Angeles, CA 90025
Office Phone: 1.800-550-5538 Fax: 1.310.694.8188

:: APPLY NOW :: HOME :: Mortgage Information :: California Home Loan :: California Mortgage :: California Refinance :: California Interest Rates :: Purchasing :: Debt Consolidation :: Loan Programs :: Calculators :: Freddie-Mac :: Loan-Modification :: Mortgage Aid Program :: Wall-Street-Bailout :: Mortgage Reform Bill :: Mortgage Updates :: NAMB-HOEPA :: Wachovia-Raid :: California Super Jumbo :: CAMB :: NAMB :: CA Mortgage Bailout :: FTHB California :: Wachovia Exits :: Mortgage Rescue :: About Us :: Privacy Policy :: Terms of Use :: Submit A Link :: Resources ::

jb mortgage capital, inc. (formerly priority one lending, inc.), is a mortgage broker licensed by the state of california department of real estate #1836772.
site map

CAMB - California Association of Mortgage Brokers

The 50-Year Mortgage

Benefits of a 50-Year Mortgage

Contact Us