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Should a 80 year

by dml26n776 from Flossmoor, Illinois. 27 days ago Reply


William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,000 contributions

Much more info needed.. but if you can save monthly, or lower your interest rate, then why not.. It really dosent matter how old you are.. and you cannot be discriminated because of your age. Try reaching out to a mortgage banker/broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with a Banker/Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

27 days ago
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Sara Deere (Saraloveshomeloans)
#1 ranked lender in Kansas - 511 contributions

You might look into a Reverse Mortgage or a regular refinance. It really depends on what is the overall reason. I can help the potential borrower throughout the entire process. I can be reached at saradeere@leader1.com or 816-739-6279.

27 days ago
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Jason Vondrak (jvondrak)
#187 ranked lender in California - 1,722 contributions

Hello,If you are able to save some money, it would not hurt to look into your options deeper. I suggest contacting a mortgage broker so you can have all of your options in front of you. Best of luck!

25 days ago
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