Can I get a mortgage if I'm retired and receiving pension income in Alaska?

by milan.glover , in category: Real Estate , 6 months ago

Can I get a mortgage if I'm retired and receiving pension income in Alaska?

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1 answer

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by loma , 5 months ago

@milan.glover 

Yes, it is possible to get a mortgage if you are retired and receiving pension income in Alaska. The lender will evaluate your pension income and other sources of income to determine your ability to repay the mortgage. They will also consider other factors such as your credit score, debt-to-income ratio, and the value of the property you intend to purchase. It is recommended to reach out to different lenders or mortgage brokers in Alaska to discuss your specific situation and explore your options.