Under the Equal Credit Opportunity Act, lenders can’t discriminate against applicants because of their age. As a result, seniors — like people in other age groups — can get mortgages if they meet a ...

A retirement mortgage caters to seniors who are no longer earning a regular salary. It allows them to access home equity or finance a home purchase with repayment terms that are tailored to their ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Getting a mortgage is, by general consensus, the most treacherous part of buying a home. Even lenders agree that it's often a struggle. “A lot can go wrong,” says Staci Titsworth, regional manager at ...

You may not qualify for a reverse mortgage if you have bad credit, lack sufficient income, do not meet the age requirements or have missed tax or insurance payments. Many seniors use a reverse ...

Pregnancy discrimination is against the law, whether you’re applying for a job or a mortgage. That said, getting approved for a loan while on maternity leave can take a bit more paperwork and planning ...

We often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to make a purchase, too. Although the current housing market isn’t the best for buyers, waiting for it ...