I'm active duty AF as well and I wish I would have started at your age.

Haven't applied for an owner-occupied in ages.

My age and other things out of my control have prevented employment for over 8 years.  

At first I wanted to retire early at 55, then I realized that doing 15 year notes I would have a lot more flexability at age 40.

#CommonSense While I do share the same understanding of the laws and how it applies here, you have to remember that we are in a day and age where common sense is unfortunately not always what dictates how laws are written or liabilities are distributed across parties.There is a reason Apple feels they have to include a "do not eat" warning on iPod shuffles. 

Highly risky but at my age and experience is worth the risk to me. 

Due to my age, I need to liquidate some of my assets.

Even though you have a family and that's a huge responsibility, you can take some lumps in the beginning (at your age especially) & still be okay down the road.

Is the aging systems or differed maintenance?

Your average age of accounts is a pretty significant % of your credit score (which means if you had two credit cards and your average age of accounts was 8 years, but then you apply for 4 new credit cards today, your average age of accounts will take a hit thus causing a drop in your credit score too).