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Personal Finance (Not Investing) • Re: How To Buy a Home in Retirement

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Does it differ that much from pre-retirement?
Well... I'm not a banker. But many (most) people make more money while working than they collect from social security on an annual basis. So, for that reason, you'll need more liquid assets to qualify for a loan, to prove you can pay it. They may/might demand a larger downpayment and a smaller loan to reduce the carrying cost. Or up your interest rate.

Statistics: Posted by Admiral — Fri Jan 24, 2025 4:20 pm



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