40 Year Mortgage

Increase your purchasing power and lower your monthly payments with the BAMC 40-Year Mortgage.

The BAMC 40-Year Mortgage combines lower monthly payments with greater financial flexibility and improved purchasing power. By increasing the loan term from a traditional 30-year amortization schedule to 40-years, monthly payments are more affordable. The BAMC 40-Year Mortgage is ideal for homeowners seeking lower monthly payments, first-time homebuyers or those in overvalued housing markets. The 40-year Mortgage is eligible on standard fixed-rate products as well as standard 3/1, 5/1, 7/1 and 10/1 ARMs. *

No points
No origination fee
No closing costs
Lower monthly payments
Easier to qualify
Increased purchasing power
40-Year Conforming fixed-rates
40-Year 3/1, 5/1, 7/1 and 10/1 LIBOR ARMs
Available on primary residence, second homes and investment property
(not permitted on Co-ops)
Purchase, refinance or cash-out refinance **

or call toll-free at 1.866.535.BAMC

(1.866.535.2262)

Experience the Baltimore American Mortgage difference today. Choose from a variety of mortgage programs designed to meet your individual financial situation. All with expert assistance and a great rate! When you apply with BAMC you avoid paying a broker fee and other costs to a middleman.

BAMC offers a variety of financing solutions with different rates and terms in addition to the no points and no closing costs option. Consult a loan representative to determine the program that's right for you.

* Loan programs are not available in all states. Minimum loan amount $175,000. Lower loan amounts available on other programs. A $500 lock-in fee is required at the time of application. This fee is refunded at the time of settlement as reflected on line 1304 on the borrower's HUD1. Actual closing costs credit to borrower is reflected on line 1305 of the HUD1. Other restrictions apply. Consult a Baltimore American Mortgage loan representative for complete program details, current rate quotes and available financing options. Borrower required to utilize the combined services of Baltimore American Mortgage, RE/MAX Exclusive Realty and Americom Title, LLC on purchase transactions.

** Maximum cash out limit is $250,000.