Hi Elissa I can see a number of different solutions for you both which may or may not require both of you borrowing together. It would be important that we understand the long term strategy for both of you given you are at different stages of your life. The structure of the loan is also something that should be considered before making a decision. Feel free to contact me so we can discuss further your complete financial position and determine how much you can borrow. Regards Steve
HI Elissa, there is certainly a viable option for you and your son to purchase a property together and one of the main criteria to meet would be your ability to meet and your intention regarding the repayments upon retirement. Obviously more information is needed to determine amounts etc. and discuss other considerations before purchasing. If you would like to discuss further and explore all your options please feel free to click on my profile with your contact details and we can chat in depth. Thank you.
Hi Elissa, you certainly may be able to borrow; the main thing a lender will want to know is how you’d plan to pay the mortgage once you reach retirement age and we can discuss what options are available to you. How much you can borrow is something we can look at once we have full details of your current financial position. If you’d like to discuss further, please click through to my profile so that I have your contact details and we can go from there. Thanks Elissa.
Hello Elissa, there is potential for both you and your son to purchase a property together however more information is needed and there are also some things that both of you will need to consider before proceeding. If you would like to discuss in further detail I'd be more than happy to answer any questions you have directly, feel free to click my profile and contact me to discuss further.
LEZLI
Hi Elissa. Yes you can! I've just completed a loan for $862K for a 71 year old - others I have done were for couple in their 60s. Please feel free to contact me via my Profile Page and I will help you also. Look forward to hearing from you. Thanks. Lezli