How Retirees Can Qualify For Mortgages When Paychecks Stop
Manage episode 514939352 series 3418269
Bond yields slip under 4 percent as we track real-time rate pressure even through an AWS outage. We share three proven ways retirees can qualify for a new home, and why agents should vet lenders using NMLS to protect deals on both sides of the table.
Listen Now for More Great Info on the Following -
• asset dissipation underwriting for retirees
• starting retirement distributions to qualify
• child-buys-for-parent primary residence option
• protecting family equity from care costs
• why experience and licensing history matter
• how to vet lenders with NMLS Consumer Access
• second-opinion strategy to secure better terms
Look below in the comments for link mentioned in this episode and leave us a comment. If there's anything that you want us to cover or talk about, let us know!
Link mentioned by Nikki - https://www.nmlsconsumeraccess.org/?trk=organization_guest_main-feed-card_reshare-text
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Angie Gerber
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Chapters
1. How Retirees Can Qualify For Mortgages When Paychecks Stop (00:00:00)
2. Live Market Update And AWS Outage (00:01:12)
3. Bond Rally And Rate Outlook (00:01:49)
4. Fed Cuts Versus Mortgage Rates (00:02:58)
5. Current Rate Ranges And Buydowns (00:03:51)
6. Planning Moves Into Retirement (00:05:19)
7. Asset Dissipation Loan Explained (00:07:51)
8. Using Retirement Distributions To Qualify (00:09:08)
9. Child Buys Home For Aging Parent (00:10:51)
10. Protecting Equity From Care Costs (00:13:10)
11. Why Experienced Lenders Matter (00:15:54)
131 episodes