Why a 50 Year Loan Could Cost You Big!

They say a 50-year mortgage will make housing more affordable, but it’s a trap that keeps you in debt for life. In this video, I break down the math, expose how FHFA has abused similar programs before, and explain the only way this idea could ever work in your favor. Follow me to learn how to play the mortgage game instead of getting played by it. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 Real Estate Broker - CA Dept of Real Estate #shorts #mortgagetips #mortgagebroker #homebuyer