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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

Can you get a mortgage if you are 62? Your guide to senior home financing

According to the National Council on Aging, home equity represents a significant portion of many seniors' wealth. This often leads to questions about leveraging that asset. Navigating finances in your later years can be complex, and many seniors ask: **can you get a mortgage if you are 62?** The answer is a resounding yes, though the process and available products differ from those for younger applicants.

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5 min

Should I get a 30 year mortgage at age 60? Weighing the options

According to the Equal Credit Opportunity Act, lenders cannot legally discriminate against borrowers based on age, meaning it is entirely possible to qualify for a 30 year mortgage at age 60. Making the right decision, however, requires a careful assessment of your personal financial situation, future retirement plans, and tolerance for long-term debt.

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3 min

Is it hard to get a mortgage at 65? What seniors need to know

According to a 2023 study by the Federal Reserve Bank of Philadelphia, rejection rates for mortgage applications tend to rise with age. This does not mean it's impossible, but it does highlight specific challenges older applicants may face when asking, **is it hard to get a mortgage at 65?**

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4 min

Can I get a 30 year mortgage at 60?

According to the U.S. Federal Reserve, roughly two-thirds of homeowners have a mortgage, a trend that includes many older adults. Contrary to popular belief, your age alone does not determine eligibility, so the answer to 'Can I get a 30 year mortgage at 60?' is a resounding yes. This guide explores the key factors lenders consider beyond your date of birth, from income to credit score, ensuring you have the information needed to secure financing.

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5 min

What is the difference between a HECM mortgage and a reverse mortgage?

Did you know that the vast majority of reverse mortgages originated in the United States are Home Equity Conversion Mortgages (HECMs)? Answering **what is the difference between a HECM mortgage and a reverse mortgage?** is key for seniors exploring how to leverage their home equity for retirement funding.

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5 min

Can a 70 year old get a 30 year mortgage after? The Facts About Senior Home Loans

Thanks to federal law, lenders are prohibited from discriminating against credit applicants based on age, meaning the answer to 'Can a 70 year old get a 30 year mortgage after?' is a resounding yes. The actual decision comes down to your financial qualifications, not your birth year, so let's explore what matters most.

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4 min

Is it hard for a 70 year old to get a mortgage?

According to a 2023 study by the Harvard Joint Center for Housing Studies, the number of older adults carrying mortgage debt is on the rise. This trend leads to a crucial question for many: **Is it hard for a 70 year old to get a mortgage?** The answer reveals that a lender's focus is on financial metrics, not your birthdate.

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4 min

What type of mortgage is typically offered to seniors? Understanding your options

According to the National Reverse Mortgage Lenders Association, the Home Equity Conversion Mortgage (HECM) is the most common type of mortgage for seniors. This specialized loan allows homeowners to convert a portion of their home’s equity into cash, offering a unique financing option for those in their retirement years.

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