Re: I’ll be retiring at 65, what are my home loan options?
Posted: Tue Mar 19, 2019 1:23 pm
Hello Ricky B. Welcome to the forums.
That is absolutely correct. Different banks have different policies for borrowers that are nearing retirement age.
For borrowers who are 55 years old, almost all lenders require:
Give us a call on 1300 889 743 or fill in our free assessment form to find out if you qualify for a loan.
Cheers,
That is absolutely correct. Different banks have different policies for borrowers that are nearing retirement age.
For borrowers who are 55 years old, almost all lenders require:
- A written exit strategy.
- Evidence of your superannuation balance.
- Other assets that can be sold to repay the proposed debt as part of your exit strategy.
Give us a call on 1300 889 743 or fill in our free assessment form to find out if you qualify for a loan.
Cheers,