Q&A: Can You Get a Mortgage If You’re Retired?

I recently got a question from a married 70 year-old man who wanted to buy his 46 year-old wife a house. He had enough savings to buy the home outright, but he wanted to take advantage of the current low interest rates by investing the cash instead. So he asked me whether he’d be able to qualify for a mortgage at his age. Watch today’s Real Estate Minute for my answer.