Retirees can also borrow money to buy a house, because at present, banks require that the age of loan personnel should not exceed 65 for men and 60 for women. If their age meets the requirements, they can apply for a loan from the bank, but whether they can be approved later, the amount and time of application are determined by the bank.

Some banks will relax the age of applicants, except that they need to meet the requirements of 18, and they cannot be over 65, because they are too old, even if they have retirement wages, their repayment ability is poor, and they also need to face health risks when they are old. In order to enlarge the risk, retirees need to take their children as co-borrower when applying for housing mortgage loans.

Some financial institutions have specially launched loan products for retirees. In addition to the age requirement, they will also require the monthly pension to reach a certain standard before they can apply for approval.