A 50 year mortgage which offers various ways of paying it off early would be a good guarantee for many. It’s like having a very high credit limit on your card when you only need a part of that. Security with the option of getting out early.
Except the mortgage is taken out for the max.
Paid off equity can be accessed by way of a home equity loan presently, but we all know that doesn't always work out...
“A 50 year mortgage which offers various ways of paying it off early would be a good guarantee for many. “
Just like present mortgages. You satisfy the lender by paying them the balance.