Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 3 · column 8 of 10 · from the scan, no model involved
There seems to be a misconception about some people being too old to obtain a mortgage loan because they have no chance of outliving the length of the average loan. Thus, the pointed question: Under normal lending conditions, when does a person become too old to buy a home and obtain a mortgage? With certain reservations. . . never!
If the real estate equity^, is there and the ability to repay is established, what is the difference if a person is 30 or 70 years of age? Each case, however, must be judged on its individual merits.
A survey of loans by one major Savings and Loan
93.9%