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URL:  https://boards.fool.com/i-wasnt-clearthis-isnt-a-retirement-fund-30700840.aspx

Subject:  Re: portfolio loan consideration Date:  5/24/2013  2:32 PM
Author:  rnguy Number:  72270 of 93681

I wasn't clear....This isn't a retirement fund. Just my stock investments which I will be spending down some until SS and IRAs are available. Will be selling my current house and paying off that loan but that only reduces my outstanding debt. New loan must be based solely on wife's income which limits our choices. Frustrating, as you said that banks will not consider net worth and only look at income. I have great credit score (>805)but am treated like a loser.
We have a good banker who sees my dilemma but we are still stuck with not being able to take out a new loan until ALL other debts are paid off (cars, home, CCards) and contingency sales just aren't flying in this market. We have already lost offers on 2 homes while mine is on the market as well.
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