I am in my 70's and want to buy a home. I have excellent credit and assets, will I have a problem because of my age? Want to finance home.

(0) | asked by: Frances Simmons | share | 36 months ago | Report

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Hi Frances. No lender can deny you a loan based solely on your age. The Fair Housing Act protects you from this type of discrimination. Please feel free to contact me at your convenience, I would be happy to help you find a home. - Chuck Valence, Charles Rutenberg Realty
(1)   |   by Chuck Valence   |   36 months ago   |   Report
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answer by Nancy Koehler   |   Visit My Website   |   Contact Me
Hi Frances. Age is not a problem. You need to talk to a lender. If you need help with that, contact me. I work in the central Florida area, based in Mt. Dora. You can click on contact me.
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answer by Jason VanDeWalle   |   Visit My Website   |   Contact Me
Dear Sir, The main thing to consider would be the length of the financing term. I would talk to Church Hill Mortgage. Visit their website for more information.
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answer by Tony Milone   |   Visit My Website   |   Contact Me
That would not be a problem. If you are interested in South Florida I would love to help you find your home.
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answer by Marc Senecal   |   Visit My Website   |   Contact Me
Your age is not a factor and Lenders can not discriminate based on age... You must however prove to the Lender that you have an adequate income and the required debt to income ratio to qualify.
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answer by Earl Cannon   |   Visit My Website   |   Contact Me
With a down payment you should qualify for a loan. What area of Florida are you considering? Earl Cannon, Coldwell Banker MM Parrish realtors 352-665-1405
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answer by Terry Bailey   |   Visit My Website   |   Contact Me
No, your age will not hinder your ability to purchase a home. If you would like for me to search for listings, please feel free to call or email me. You can find my info my clicking on my name or picture. I would be more than happy to help you.
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36 months ago  |   Report   |   share
Hi, age is not a factor when purchasing or financing a home.
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