Of course assuming your financially qualify for the mortgage. You agent has nothing to do with it. You could be 95, but if you have the income (assuming you are still working at 95), have good credit, and have the downpayment etc, age is not an issue. In fact Fair Housing regulations prohiblt a lender from discriminating based on age.
As long as you financially qualify for the mortgage you're seeking?
Credit, income, downpayment requirement all ready and in good shape? Than absolutely!
Some years ago, I had a fabulous 80 year old gentleman buy a condo - with the help of a 30 year mortgage.
He'd never owned a home of his own, always rented. He was finally in a position, with a little financial help, to achieve his dream. He's still there - and still loving his nest.
Tom,
My understanding is that you can get a 30 year fixed mortgage, assuming you pass all of the standard credit requirements. Banks shouldn't use your age as a determining factor for a particular mortgage product. They may make some recommendations based on your particular circumstances, but shouldn't force you into any one product. I would recommend finding a reputable lender in your area (check with some friends for references) and talk to them. Better yet, talk to at least two different lenders and get opinions from both of them, and then make your decision.
Good luck to you!
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