General Discussion

Jim__

(15,008 posts)

15. Technically, I believe lenders can offer 50 year mortgages, but they would be "non-qualified mortgages".

Tue Nov 11, 2025, 02:17 PM

Tuesday

From Google AI:

While some niche lenders may theoretically offer 50-year mortgages as "non-qualified mortgages," they are not widely available in the U.S. today, and mainstream lenders generally do not offer this product.

This is primarily because current federal law, specifically the Qualified Mortgage (QM) rule under the Dodd-Frank Act, defines a qualified mortgage as having a term no longer than 30 years. Mortgages that exceed this term cannot be sold to the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, which essentially underpins the U.S. secondary mortgage market.

...

So the question is should the government back 50 year mortgages.

Stephanie Ruhle had a good discussion on this. The main problem with affordable housing is supply. 50 year mortgages might bring more buyers into the pool, but unless there is an increase in the supply of affordable housing, this will raise the cost. It's the supply issue that needs to be addressed.

Edit history

Please sign in to view edit histories.

Recommendations

2 members have recommended this reply (displayed in chronological order):

Qutzupalotl InstantGratification

38 replies

= new reply since forum marked as read

Highlight:

'Sold POTUS a bill of goods': White House furious with Pulte over 50-year mortgage [View all] Yo_Mama_Been_Loggin Tuesday OP

It only takes them seconds to find someone to blame leftstreet Tuesday #1

I'd like to hear a logical argument for why lenders should not be allowed to offer customers a 50 year mortgage... PeaceWave Tuesday #2

Why not a 75 year mortgage while we're at it durablend Tuesday #4

Have you not heard of a refinance? The 50 year mortgage would essentially be a starter mortgage... PeaceWave Tuesday #12

Yep. Generational Debt is what it is. Brenda Tuesday #20

Who wouldn't want to inherit a $1,000,000 home with a $300,000 mortgage? How is that a bad thing? PeaceWave Tuesday #22

Case proven. nt Brenda Tuesday #23

State your case. Seriously. How would you NOT want to inherit $700,000? PeaceWave Tuesday #24

yes DBoon Tuesday #37

In any case, IQ47 would not deserve to be lauded as FDR-like for allowing that to happen AZJonnie Tuesday #10

40 year mortgages were a staple of Obama's Home Affordable Modification Program (HAMP) loan program... PeaceWave Tuesday #13

As were lower interest rates, extended loan terms, trial periods and principal reductions. Torchlight Tuesday #25

That plan also reduced rates to as low as 2% and included principal forbearance. nt pnwmom Tuesday #29

Technically, I believe lenders can offer 50 year mortgages, but they would be "non-qualified mortgages". Jim__ Tuesday #15

I watched Stephanie Ruhle's segment on this story. She presented no alternative point of view... PeaceWave Tuesday #18

The longer the mortgage, the closer it is to renting whopis01 Tuesday #35

Not an argument against offering such mortgages, but some caveats. Ilikepurple Tuesday #38

FDR didn't start the 30 year mortgage. Congress authorized it in 1948 for new construction, rsdsharp Tuesday #3

Lenders would get smoked on 50 year mortgages bucolic_frolic Tuesday #5

I'm seeing a lot of shoddy construction in Florida, a lot of the crap being built today won't last 50 years. sop Tuesday #26

Someone posted on DU in the spring bucolic_frolic Tuesday #28

Scam Thanksgiving dinner promos and now the 50 year mortgage. Baitball Blogger Tuesday #6

This narrative is openly saying that Donnie is stupid & easily manipulated. He is, but it's amusing to see them admit it themaguffin Tuesday #7

Pulte....Pulte...Pulte...now where have I heard that name before? hamsterjill Tuesday #8

The current examples online: Paladin Tuesday #9

Interesting Math There ProfessorGAC Tuesday #14

No further detail. (nt) Paladin Tuesday #16

Heard about the same on CNN. Totally Tunsie Tuesday #32

Pulte isn't a friend. Isnt he the one who set up the 2 women (can't remember names) Srkdqltr Tuesday #11

The majority of 30 year mortgages never go that far A HERETIC I AM Tuesday #17

Precisely. The average homeowner lives in their home for less than 15 years... PeaceWave Tuesday #19

The concept of a fifty-year mortgage isn't a new one, the idea has been around for a long time. SWBTATTReg Tuesday #21

why aren't Dems running ads with that 50 year mortgage idea? BlueWaveNeverEnd Tuesday #27

It's always been said that Dozing Donnie always listens to the last person in the room. Totally Tunsie Tuesday #30

Pulte? the house builder pulte ? That fkg puke ? Fullduplexxx Tuesday #31

WH admits Trump has no critical skills C_U_L8R Tuesday #33

I can't Rebl2 Tuesday #34

Lennar OC375 Tuesday #36