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I am 60 years old, what sort of loan can I get?

There are no age limits with Australian lenders so lending is possible for periods up to 30 years, even if you are above 60 years old or above.The Australian property market has a long history as a

There are no age limits with Australian lenders so lending is possible for periods up to 30 years, even if you are above 60 years old or above.

The Australian property market has a long history as a safe and reliable form of security.

As such, Australian lenders have great faith in the capacity of the property to protect the loan and therefor they are willing to extend loan terms beyond the normal retirement age provided you can prove a capacity to service the loan at the time of application.

In assessing this, they take into account any regular income source, be it from employment or investment activity such as rental or dividends.

For anyone that has a reasonable financial standing, there are loan options available.

Click here for more informaiton on Australian Property Finance
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