“You can refinance your 30-year term into a 40-year term. That obviously helps with lowering your repayments”
GL
Granite Home Loans
The Adviser Podcast Network ·
Granite Home Loans · The Adviser Podcast Network · In Focus: Extending property ownership reach
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launched a 40-year extended term loan product
40-year term
“You can refinance your 30-year term into a 40-year term. That obviously helps with lowering your repayments”
“I always like to, I think loan term is probably the most important for a business loan. Because often the loan term, if there's like a part of it that's unsecured, or there's not so much security, the bank may want say a five-year loan term”
“They're going to change things like 40-year loans and how much shading they do in borrowing capacity calculators. So we see an increase in credit.”
“Re-amortizing your loan back over a 30-year term ... you’re going to pay more interest over the 30 years, right? ... reduce your repayments down”
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