Overview

Deborah unpacks talk of 50-year mortgages and removing minimum credit scores for conventional loans, why these ideas aim at affordability yet carry real risks, and how amortization affects equity if you move in five to seven years. Taylor explains what home warranties do, when they help, and common misconceptions. Live calls cover subdividing acreage, foreclosure outreach, barndominium resale and financing, COVID deferments that became surprise second liens, and warranty value.

Key Takeaways

• Extending to 50 years trims payment only modestly while driving total cost up sharply.
• Dropping the conventional credit-score floor expands access but can raise pricing for risk.
• In early years most of the payment goes to interest, slowing equity build.
• Secondary market appetite matters; riskier products ...