Retiring? If you need a home loan, get one first [Column]
Even with good credit scores and solid income, retirees can find it more difficult to get mortgages and home equity lines of credit.
Source: thereporteronline.com
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Retiring? It could get harder to obtain a home loan
A strong credit record is no guarantee of a yes.
Source: newsday.com
Ask Liz: Retiring? If you need a home loan, get one first
Retired engineers Kelly and Derek Barkey assumed they would be approved when they applied for a $50,000 home equity line of credit two years ago to fix up their new
Source: lagrandeobserver.com
Liz Weston: Retiring soon and need a home loan? Get it before you stop working
If you’re going to need a home loan in retirement — to buy your next house or replace the mortgage you’ve got — you’re far better off applying while you’re still working if you can. Even with good credit scores and solid income, retirees can find it more difficult to get mortgages and home equity lines of credit.
Source: oregonlive.com
Planning to retire? If you want a home loan, apply for it first
Retired engineers Kelly and Derek Barkey assumed they would be approved when they applied for a $50,000 home equity line of credit two years ago to fix up their new house.
Source: arkansasonline.com