Even with good credit scores and solid income, retirees can find it more difficult to get mortgages and home equity lines of credit.
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Retired engineers Kelly and Derek Barkey assumed they would be approved when they applied for a $50,000 home equity line of credit two years ago to fix up their new house.The Barkeys, now 56 and 59, had just sold their longtime home in Southern California and paid cash for a house worth about $850,000 near...
Former Sam Levitz building sells for $8.6 million
