Lender question: no money down options for senior citizen?

[Ben Magee]

I have a client who's retired on social security with $1400 a month. He has a $250 mortgage payment on his current home. But not really any other debt, drives an old toyota, that type of guy. If they wanted to purchase a newer nicer home for say 200k, and they have a cosigner son who makes 70,000/year. Do you think there are options to do no money down loans for financing it? My client wants to keep his current home and rent it out after moving out.