Have you been too old to obtain home financing?

Have you been too old to obtain home financing?

Theoretically, there is absolutely no response to this concern: according to your circumstances, maybe you are able submit an application for a mortgage whether you’re 18 or 78.

“With present discrimination laws and regulations, loan providers cannot discriminate on a borrower’s top age,” describes www.homeloanquestions.com.au.

“Normal conditions use pertaining to repayment capability and equity https://www.speedyloan.net/reviews/lending-club-loans/, but, therefore if a loan provider ended up being mindful that a debtor ended up being not able to realize obligations underneath the loan agreement, they might maybe perhaps maybe not accept that loan.”

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