Under the Equal Credit Opportunity Act, lenders can’t discriminate against applicants because of their age. As a result, seniors — like people in other age groups — can get mortgages if they meet a ...

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A retirement mortgage caters to seniors who are no longer earning a regular salary. It allows them to access home equity or finance a home purchase with repayment terms that are tailored to their ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

A mortgage makes homeownership more attainable for many individuals, but that’s not the only reason people take out mortgages. Some business owners take out mortgages to buy commercial properties in ...

High mortgage rates in recent years have made it a tough borrowing environment for prospective homebuyers and those looking to refinance their existing mortgages. After mortgage rates fell to ...

You may not qualify for a reverse mortgage if you have bad credit, lack sufficient income, do not meet the age requirements or have missed tax or insurance payments. Many seniors use a reverse ...

Pregnancy discrimination is against the law, whether you’re applying for a job or a mortgage. That said, getting approved for a loan while on maternity leave can take a bit more paperwork and planning ...