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That's is true those were discontinue along with the 40 year terms as well.

By carlos_h_9582 from CA Jan 20th 2015
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40 year loans are not offered any more

Jan 20th 2015

30 years is the longest term available for any type of conforming loan programs.. there might be a portfolio lender out there willing to do a 40 yr, but I would expect that once they apply the higher interest rate, there will be little difference from a 40 yr. vs. 30 yr.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 21st 2015

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