Account executives are in the office all the time trying to tell us about the cool new product. Most of the time they aren’t new or cool, but recycled ideas.

Some of the new loans worth noting is a 50 year fixed mortgage available thru a well known sub-prime investor. It comes in the 2,3,5, and 30 year fixed varieties. It’s a good choice for people who want to pay P+I but want interest only like low payments.