Can I get a home loan if I am retired?

Yes, you can get a home loan if you are retired. It is important to note that lenders will assess your ability to service the loan based on your income and assets. Generally, lenders will consider your pension, superannuation, investments, and other income sources when assessing your ability to service the loan. It is important to note that lenders may have different requirements for retired borrowers. For example, some lenders may require you to have a minimum amount of income or assets to qualify for a loan. Additionally, lenders may also require you to have a guarantor or a co-borrower to help secure the loan. It is important to shop around and compare different loan options to ensure you get the best deal. You can use a comparison website such as Goodrate to compare different loan options and find the best deal for you. Goodrate offers a range of home loan options from different lenders and can help you compare and find the best loan for your needs. Overall, it is possible to get a home loan if you are retired, but it is important to shop around and compare different loan options to find the best deal for you.