1964 Occident Federal Mortgage Advertisement

This is an advertisement for Occident Federal, printed in The Baltimore Sun on July 2nd, 1964. They were offering mortgages up to 80% of the property value and a maximum of 25 years. In the heyday of the pre-collapse real estate market (i.e., 2007ish), we were looking at 100% loan-to-value ratios.

Occident Federal advertisement - 1964
Occident Federal advertisement – 1964

About Tom

Tom founded Ghosts of DC on January 4th, 2012 as a blog to uncover the lost and untold history of Washington, D.C. He has lived in the city for over a decade and loves exploring every corner of the District.

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