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Answers (7)
- Tara Talbot, "Tara Talbot"
- Contributions:147
We are strictly prohibited from any kind of discrimination. Age included.
- Scott Butcher, "Central TX Expert"
- Contributions:109
No it doesn't.
According to the Equal Credit Opportunity Act of 1974 and Federal Reserve Board's Regulation B, you are prohibited from discrimination in any aspect of a credit transaction on the basis of:
-Race
-Color
-Religion
-National Origin
-Sex
-Marital Status
-Age (assuming your able to enter into a legally binding contact ~ Age 18 in TX)
-Receipt of Public Assistance
Good luck with your application !
According to the Equal Credit Opportunity Act of 1974 and Federal Reserve Board's Regulation B, you are prohibited from discrimination in any aspect of a credit transaction on the basis of:
-Race
-Color
-Religion
-National Origin
-Sex
-Marital Status
-Age (assuming your able to enter into a legally binding contact ~ Age 18 in TX)
-Receipt of Public Assistance
Good luck with your application !
- Rohit Mohan, "MortgageGeek"
- Contributions:100
The applicant should be over 18yrs for all the loans and over 62 for reverse mortgage.
- Kellee and Debbee Heldoorn, "Heldoornteam"
- Contributions:154
To obtain a reverse loan mortgage you must be over 62 years old. Lenders can discriminate based on your age.
- David Stein, "Military Loan Expert"
- Contributions:315
Lenders can discriminate based on your age. So you should be good unless you are trying to get a reverse loan and that is 62 years old
- wetdawgs
- Contributions:26804
Are you concerned about youth or the grey years?
I think you have to be 18+ to qualify
I think you have to be 18+ to qualify
- shapiroamg
- Contributions:3058
No, unless you are trying to get a reverse mortgage. That product does have an age limit to apply. You need to be 62 yrs or older.
Does age matter when applying for a home loan?
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