A 50-year mortgage is not available today for homebuyers. The idea recently gained attention after
Donald Trump suggested he may explore longer mortgage terms—such as 40- and 50-year options—if elected, as a possible response to the housing affordability crisis in the United States. The only long-term option that currently exists is the FHA 40-year loan modification, which is only for borrowers already in default on an existing FHA loan and is NOT available for purchases or refinances. Keep Reading...