Posted on: 30th Jun, 2010 09:52 am
We have excellent credit but are retired . We want to help our son and his family who cannot afford to buy a home.
Hi Guest,
If you have a guaranteed pension and Social Security, then you will be able to get a mortgage in your name to buy a property. However, as you have a mortgage on your first property, I guess, it will be difficult for you to qualify for a second loan.
Thanks
If you have a guaranteed pension and Social Security, then you will be able to get a mortgage in your name to buy a property. However, as you have a mortgage on your first property, I guess, it will be difficult for you to qualify for a second loan.
Thanks