Search found 3 matches

by Hank W
Mon Jul 29, 2019 8:07 pm
Forum: Home Loan Forum
Topic: How difficult is it for a retiree to get a home loan?
Replies: 5
Views: 2695

Re: How difficult is it for a retiree to get a home loan?

Getting a bridging loan sounds like a good plan. How does it work and what should I be aware of?
by Hank W
Mon Jul 29, 2019 7:58 pm
Forum: Home Loan Forum
Topic: How difficult is it for a retiree to get a home loan?
Replies: 5
Views: 2695

Re: How difficult is it for a retiree to get a home loan?

Thanks for the tips. My loan will be repaid before I retire, and I am planning to sell my home afterwards. What are my options like?
by Hank W
Mon Jul 29, 2019 7:38 pm
Forum: Home Loan Forum
Topic: How difficult is it for a retiree to get a home loan?
Replies: 5
Views: 2695

How difficult is it for a retiree to get a home loan?

I am nearing my retirement at 60 years and I intend to move into a smaller home with my wife since all my kids have moved out. I took out a home loan on my current residence when I was 40 years old, and have not missed a single repayment. My income is 75K p.a and I have around 40K saved up with an a...