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A NEW INCOMEA New Income Q&A
Q: I am a senior with good credit. I need to purchase a home in the city where my daughter lives. My "income" i? (I am asking this question for my father - in his words.) "I am a senior with good credit. I need to purchase a home in the city where my daughter lives. My "income" is based on social security and a few annuities. I have a few IRAs and trusts set aside with other investments such as stocks and cds, plus I will ultimately sell my current home that is paid off. Will I be able to get funding for a new home purchase?" A: I can almost guarantee it! With your credit and assets, and in a buyers market. You should not have a problem.
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