General Discussion

DBoon

(24,501 posts)

37. yes

Tue Nov 11, 2025, 04:55 PM

Tuesday

a lender will not finance a mortgage unless they are sure the property value will satisfy the outstanding debt over the life of the loan

The reverse situation - a $1,000,000 mortgage on a $300,000 value home - would not occur, absent serious incompetence on the part of the lender.

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'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