Should I apply for a refinance before or after I retire?

Definitely before.. You income will be more and with rates so low right now, it's better to take advantage of it now.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Hello: It is preferable to Refinance prior to retirement as your Income will help qualify you in the Lender's eye. Don't mention retirement to them to avoid their possible questions.

It would be wise to refinance prior to retirement (and with rate currently at record lows) because your income is one of the factors in determining if you are qualified for a refinance and at what rate.

Enter your answer here: we all agree it is better to refinance now especially with these low rates. my office is in hauppauge and i live in sayville. my cell # is 631-338-3022 gary

Have you considered a reverse mortgage? This type of loan allows you to convert some of the equity in your home into tax free cash.This is an excellent way to improve your lifestyle and help you maintain your independence. Both a reverse mortgage and a conventional home loan mortgage use the equity you have in your home to generate cash. However, with a home equity loan you need to make monthly payments on the principal and interest. With a reverse mortgage you don't need to make monthly mortgage payments for as long as you stay in your home to qualify for this loan is easy. You must be age 62 or older. You must plan to live in your home as your primary residence. There are currently no income or credit score requirements. If you should have an interest, call me or email and I will answer any questions you may have without any pressure or obligation. I am a local agent in Maryland. Howeever, I can put you in touch with an agent. Also,you can research several websites. Try HUD.gov, or NRML.org. for a lender. Good Luck Ivan Lowe 410-979-1430 ilowe@southerntrust.com