Should You Get A Mortgage In Retirement?

It's not uncommon for older adults to downsize or move to a new city in retirement. This can be an exciting time, but it can also be a challenging one, particularly if you plan to purchase a new home. Lenders are prohibited from discriminating against loan applicants based on age, but retirees still face greater challenges than working adults in securing a mortgage.Here are a few things you need to know about getting a mortgage in retirement before you start filling out loan applications.Continue reading

Topics:  mortgage in retirement   loan   adults   
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