HOW OLD IS TOO OLD?

Lenders cannot discriminate based on age. So, even if you are 100 years old, and can qualify for the payment, you can get a 30-year mortgage.

This applies regardless of whether it is a forward mortgage or a reverse mortgage. A forward mortgage is the mortgage you are familiar with, I.e. you make monthly payments. However, if you are 100 years old, you may want to consider a reverse mortgage so you don’t have to make payments on the mortgage out-of-pocket, instead the equity in the home makes the payments.

So, regardless of your age, you can buy that new home and help finance it with a mortgage.

We offer a variety of products and services, ask us how we can assist you today:

Counsel Mortgage Group®, LLC
www.counselmortgage.com
480-502-1000
NMLS #178927
AZ MB #0909580
CA DBO #60DBO43873

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