Credit providers use different acceptance criteria for a senior citizen loan. The maximum age that they accept to apply for a loan differs per lender. For borrowing money, the pension itself is not an uncertain factor, but your age. Each loan must also be repaid for your 74 th birthday. That goes for everybody. Our credit advisors can tell you everything you need to know about this.
A senior citizen loan with other retirement income
When calculating the amount of the senior citizen loan that you can take out or take over, we first look at the employer’s pension or the state pension benefit that you receive. If you have other pension income, such as an annuity, it will also count towards the calculation. However, if the supplement has a relatively short duration, it may happen that a lender does not include it in the calculation of the loan for seniors.
Furthermore, the living situation, the amount of your monthly rental or mortgage amount and any BKR registration are included in the calculation of the amount of the senior citizen’s loan.
Make an appointment for a loan for seniors
Just when you have stopped working, you probably have all sorts of plans that you would like to realize. Then some extra money can be very welcome. Together with you we would like to see if borrowing money in your situation, with your (pension) income and expenses, is possible and justified. We identify which lenders have the opportunity to get a senior citizen loan. And we can apply for the senior loan directly for you.
Make a non-binding appointment with Good Finance for a first introductory meeting. Your personal adviser is therefore always close by. Let yourself be provided with the most suitable advice and the cheapest interest by the Credit Adviser, a reliable intermediary who can provide independent advice thanks to years of experience.