Get the LONGEST Mortgage Term You Can! Here’s Why...

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Every year, hundreds of thousands of Americans take out new mortgages. But, many of these people have no idea what mortgage term they should get, or what type of mortgage they should prioritize. Unfortunately, getting the wrong type of mortgage, or a mortgage with an unfavorable term length can be a poor choice.

In this video, tax expert Karlton Dennis explains why it can make a lot of sense to get a mortgage with the longest possible term. To justify this argument, Karlton breaks down facts, figures, historical data, and more. Once you see the data it is easy to see why Karlton makes this recommendation.

If you are thinking of buying a house and taking out a mortgage to do so, then this could be the perfect video to watch. After all, it is far better to go into the mortgage application process with an understanding of what the pros and cons of various mortgage terms are. The more educated new home buyers are about mortgages, the better.

CHAPTERS:
0:00 Intro
0:20 15-Year Mortgages vs. 30-Year Mortgages
0:46 Pros and Cons for 15-Year Mortgages
1:19 Pros and Cons for 30-Year Mortgages
1:47 Why I Prefer 30-Year Mortgages
2:31 How Inflation Impacts Mortgages
4:47 Mortgage Interest Deduction
5:09 Does This Apply to Investment Properties Too?
6:47 Other Things to Consider
8:09 Conclusion
8:40 Outro

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

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