How do you calculate home affordability for retirees and seniors?

from Smart Mortgage Show with Bill Litton

Bill Litton and Cross Country Mortgage work with seniors quite a bit through the homebuying process. And the question that comes up quite a bit is, how do you calculate that home affordability? Is it different when you're working with seniors versus when you're working with a younger buyer? Today we're going to explore the unique challenges and strategies involved in securing a mortgage for seniors and retirees, and we'll tell you what you need to know if you're in the market to buy. Here's what we discuss in this episode: 0:00 – Intro 1:46 – What we look at first 3:08 – Assets vs Income 6:12 – Purchase before you retire CONTACT: Schedule a time to meet with Bill here: https://calendly.com/blitton/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/ Call: 484-352-4151. Check us out on YouTube: https://bit.ly/3KbUxAF