Can You Get a Mortgage In Retirement? And Should You? 🤔💰

[Julie Tillson]

Many retirees wonder if they can still qualify for a mortgage, and if they should even consider it. The answer? Yes, you can get a mortgage in retirement – but whether you should depends on your goals! 💡

🏡 Here’s what to keep in mind:

You may have more flexibility with a reverse mortgage or a smaller loan.

Lenders will look at your income (pensions, Social Security, etc.) rather than just your employment history.

But, should you take on that new mortgage? Think about your long-term financial security, monthly expenses, and if it fits into your retirement plan.

At Tando Advisors, we make buying and selling homes EASY and STRESS-FREE. Whether you're looking to downsize, upsize, or cash out— we’re here to help you make the best decision for your future! 💸🏠

Looking for a smooth, cash offer on your property? Contact us today and let’s chat about your options!

👉 Ready to take the first step? Message us today and let’s make selling your home a breeze.