Tech IndustryJan 16, 2020
GoogleSqmR87

Harder to qualify for a mortgage > age 43?

Wealthfront's "Path" tool is telling me over age 43 it's harder to qualify for a mortgage but doesn't offer any explanation for why that's the case or what data that's based on. Anyone know if there's truth to this?

LinkedIn QVbb83 Jan 16, 2020

I'm assuming this might only be true for 30 year mortgages, for the obvious reasons. Have you looked into 15 year fixed?

Intel AmIRight? Jan 16, 2020

What do you exactly mean by "obvious reasons"? 🤔🤔🤔🤔🤔

LinkedIn QVbb83 Jan 16, 2020

Retirement.

Google toonh Jan 16, 2020

Any Wealthfront folks want to explain?

Yelp ugPh73 Jan 17, 2020

Fake news indeed

Google bc7fc Jan 17, 2020

I know in Europe at around that age they start giving worse loans. Kinda seems like she discrimination.