Dump thata FLOATS 50-YEAR MORTGAGES TO HELP YOUNG HOMEBUYERS

[Sam480]

 

[jpismahatma]

50 years endhi ra ayya.  You will die but will not be done paying interests

[nenu_meeku_telusa]

2 minutes ago, jpismahatma said:

50 years endhi ra ayya.  You will die but will not be done paying interests

Why would a bank lend home loan to a person who is 40 yrs old and expect him to live up to 90

[jpismahatma]

11 minutes ago, nenu_meeku_telusa said:

Why would a bank lend home loan to a person who is 40 yrs old and expect him to live up to 90

Banks care less I think. If you die in between bank will take house if you don’t  continue pay

 

adding @Konebhar6  @krishnaaa our db investment specialist 

[nenu_meeku_telusa]

18 minutes ago, jpismahatma said:

Banks care less I think. If you die in between bank will take house if you don’t  continue pay

 

adding @Konebhar6  @krishnaaa our db investment specialist 

Foreclosure is a headache for them. Ofcourse they have home but still they prefer a paying customer than a dead one 

[anna_gari_maata]

Finally they're following Indian style loans...

India lo interest rates marithe loan term marutadi payments alane untayi ...one of the roddest concepts for borrowers and great concept for bankers.

[Jaggadonga]

1 hour ago, Sam480 said:

 

Young american home buyers are already avoiding the concept of buying home. Only immigrants are buying.

[Sucker]

Desi lu thappa yevdra illu kontunnaru ippudu 

[Coconut]

Only h1 uncles are buying because of false promise they gave it to h4 employer 

[nokia123]

2 hours ago, jpismahatma said:

50 years endhi ra ayya.  You will die but will not be done paying interests

Why not 100 years or 175 for that matter 

[Sreeven]

3 hours ago, Sam480 said:

 

Idhi nenu 6 yo 7 months back vheppa. Edo plan nadustundi ani..

[Hitman]

You will never own a house… but you will be paying Property Tax from Day 1 as if you are the owner…

[babu_bangaram]

4 hours ago, nenu_meeku_telusa said:

Why would a bank lend home loan to a person who is 40 yrs old and expect him to live up to 90

Today also they dont lend a 60 yrs old for 30 yrs ... they give either 5,10, 15 and that too if you have source of income....
so 50 yrs will be given to 20-30 yrs old guys ... crossing 30 yrs ... they will give 40 yrs loan and then cross 40 they will give 30 yrs loan 

alaaa chesthaaru ... banks are very careful

 

[SaradaChinnodu]

4 hours ago, Sam480 said:

 

ante first month payment lo 99.99% interest ki villi 0.01% principal ki velthunda...after first 5 year payments, debtor still owes 99% of the loan...wah Anna wah...

[Sam480]

2 minutes ago, SaradaChinnodu said:

ante first month payment lo 99.99% interest ki villi 0.01% principal ki velthunda...after first 5 year payments, debtor still owes 99% of the loan...wah Anna wah...