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The Cleaner
Is there an age limit, (to old) to apply for a home mortgage?
...asked February 3rd, 2012 @ 6:00 pm
in Loan - Home
40907timberland1952
0 
0What ever the age of your state is for signing a contract.
...answered February 3, 2012 @ 6:40 pm
40908Andy
0 0No. That would be discrimination.
...answered February 3, 2012 @ 7:12 pm
40909kurticus1024
0 0yeah, at 60 its time for a reverse mortgage
...answered February 3, 2012 @ 7:40 pm
40910MLM
0 0Not sure…my mom got one when she was 60…I think as long as you’re credit worthy and have a steady income, you can get a mortgage.
...answered February 3, 2012 @ 8:02 pm
40911bosco_industries
0 0No, it all comes down to debt to income ratio, and wether you can afford the payments. It is easier to get a home loan then a credit card or personal loan because if the applicant passes away, the house is there for resale.
...answered February 3, 2012 @ 8:46 pm
40912Rosie
0 0Amazingly age is not an issue. A 90 year old can get a 30 year mortgage. Income, home value and credit rating are important issues along with cash on hand. Go for it!
...answered February 3, 2012 @ 9:19 pm
40913the dream
0 0No, there are many options available including stated income, reverse mortgages, 40 year mortgages, home equity loans, etc.
...answered February 3, 2012 @ 9:27 pm
40914djdraven99
0 0no
but, you have to have a source of income
(base employment income, social security, disability, retirement/pension)
...answered February 3, 2012 @ 10:21 pm