Retirees can buy a house with a mortgage. However, the sum of the borrower's age and the loan term shall not exceed 5 years after the statutory retirement age; The sum of the second-hand housing age and the loan period cannot exceed 30 years, the sum of the loan period and the borrower's housing age cannot exceed 65 years, and the loan maturity date cannot exceed the land use maturity date.

The basic conditions for applying for mortgage are as follows:

1, a natural person who must be at least 18 years old and have full capacity for civil conduct;

2. Have a stable economic income, a good credit record, the ability to repay the principal and interest of the loan, and provide authentic and credible income proof documents;

3. The sum of the number of years of applying for a loan plus the current age is not more than 60 years old;

4. If there are co-owners of the mortgaged property, one of them must be determined as the main applicant for applying for a loan, and the main applicant must meet the above conditions, and the other co-owners shall jointly handle the relevant procedures for mortgage registration for the mortgagor;

5. The sum of the service life of the mortgaged property and the mortgage life is generally not more than 30 years;

6. The borrower and the seller sign the Real Estate Sales Contract and pay a down payment of not less than 30% of the house price;

7. Other conditions stipulated by the bank.

To sum up, the general loan products all stipulate the age of the borrower, which is generally in the range of 22 -60 years old, and some of them are relaxed to 18-65 years old. If they exceed this age limit, if they are too old or too young, they will be shut out of the loan. In addition to the form of credit loans, you can also apply for mortgage loans. Assuming that you have valuable things such as real estate or cars as collateral, you can also get loans by this. However, the procedures may be relatively cumbersome and the loan cycle will be longer; Therefore, retirees are vulnerable groups in the field of loans, and it is easy to be refused to apply for loans. However, if you are old enough to receive a fixed monthly pension, it is not difficult to apply for a loan.

Legal basis:

Article 209 of the Civil Code of People's Republic of China (PRC)

The establishment, alteration, transfer and extinction of the real right of immovable property shall take effect after being registered according to law; Without registration, it will not take effect, except as otherwise provided by law.

Natural resources owned by the state according to law may not be registered.