Mortgages for Seniors? Available, But Exacting
New York Times, June 2, 2017–Vivian Marino
An increasing number of older Americans prefer to have a mortgage. Some lenders can be more flexible than others. “I encourage people to shop at least three lenders,” said David H. Stevens, the president of the Mortgage Bankers Association, “and then likewise, ask real estate agents or financial planners, who are good resources for helping a retiree.”
