There's more 40-year loan business being written today than there was 12 months ago. We're investigating, at this point, adding it to our first mortgage portfolio.

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But as interest rates start to go up the lower payments can help some people qualify especially in a high-cost state like California.

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That protects [buyers] should they become unemployed. We'll make their house payments up to $2,500 up to six months or six individual periods during the first five years of the loan. It doesn't matter if it's on the 30-year conventional or if it's 100 percent loan-to-value or on the interest only PLUS product.

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