Financing in Naples>Question Details

josephclark08, Home Buyer in Naples, FL

can 70 year olds obtain a 30 year mortgage?

Asked by josephclark08, Naples, FL Fri May 31, 2013

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9
you absolutely can get a 30 year mortgage regardless of your age. Can't discriminate due to age. If you have any additional questions feel free to call my cell at (239) 877-7130 -Pete Moran. American Eagle Mortgage
1 vote Thank Flag Link Fri May 31, 2013
Answered on 6/1...yes if credit is good....KathyBC 800-448-3411 ext. 601. (6/10)
0 votes Thank Flag Link Mon Jun 10, 2013
Of course they can. To base approval on age (as long as the applicant is old enough to enter into a contract) is discriminatory under Federal law.

As long as the borrower has documentable and stable income and assets, along with suitable credit for the loan program applied for, there is no reason for an older person not to be considered for financing.
0 votes Thank Flag Link Sun Jun 9, 2013
Hello,
Yes a 70 yr old may apply for a 30 yr mortgage. The applicant will need to meet the same requirements as any other applicant. If you have questions on getting pre-approved before we work on finding you a property then contact Janie Wilder with Primary Residential Mortgage at 239-464-4578. Thanks so much for you question and I hope we can work together.

Sarah Garrett, Realtor
ALLIANCE REALTY GROUP
"Chosen Best in Client Satisfacton 2005-2012" by Gulfshore Life Magazine
sarahgarrett@argfl.com
Web Access to listings:
0 votes Thank Flag Link Wed Jun 5, 2013
Yes, you can't be discriminated for age; only creditworthiness. KathyBC 800-448-3411 x 601...(6/1)
0 votes Thank Flag Link Sat Jun 1, 2013
Yes you can,
age discrimination is against the law. You do first have to qualify for a mortgage first.
0 votes Thank Flag Link Sat Jun 1, 2013
Hello Joseph,

SURE, as long as you otherwise qualify financially. The Equal Credit Opportunity Act prohibits credit discrimination on the basis of your age.

I would love to help you find the perfect home...please contact me, I'm here to help!

Warmly,
Justine Williams
Realtor - Amerivest Realty
239.404.0692
NaplesListed@gmail.com
http://www.NaplesListed.info
http://www.NaplesListed.com
http://www.facebook.com/NaplesListed
Web Reference: http://www.NaplesListed.com
0 votes Thank Flag Link Fri May 31, 2013
Ofcourse!!!! If you are considering a purchase, I specialize as a buyers agent and would be happy to help you.
Sincerely,
Claudette Looker
239-601-6088
0 votes Thank Flag Link Fri May 31, 2013
Absolutely, Are you looking to purchase I would love to assist you and help you obtain a mortgage. Contact me at 239-848-7403 or rick@ricklavan.com
0 votes Thank Flag Link Fri May 31, 2013
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