0/40 Mortgages Robert McListerDecember 20, 2008General0 min read Tweet Share 0 LinkedIn 0 An abbreviation for $0-down and/or 40-year amortization mortgages. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.