Age, Race, Ethnicity, Marital Status, Gender?
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Did you know that you can be 100 years old and apply for a 30 year home loan? Don't worry, most consumers don't. Your personal demographic doesn't change the opportunity or terms of financing you'll receive.
Throughout my career I've had older individuals say "I'm XX years old, I'm sure I can't qualify for a 30 year loan", and I get great pleasure informing them they can if they qualify based on their finances. This is one example of many.
I cover the demographic topic in this episode and dissect how lenders use your personal information to lend.
Knowledge is Power - Enjoy this dose!
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