Short answer: Yes, you can get mortgage protection over 50 and often well into your 60s and 70s. Shorter terms, like 10 to 20 years, are common, and many no-exam options are available. Rates are higher than for younger buyers, so it pays to compare carriers.
Your options by age
In your 50s
Most term lengths are still available, including 20 and sometimes 30 years. Many healthy applicants qualify for no-exam coverage.
In your 60s
10, 15, and 20-year terms are common. Health matters more for pricing, so carrier choice makes a big difference.
In your 70s
Shorter terms and smaller face amounts are typical. Some permanent and final expense options may also fit if your remaining balance is small.
Tips for older homeowners
- Match the term to your remaining mortgage, not your original loan.
- Ask about living benefits, which can be especially valuable later in life. Learn more.
- Compare simplified-issue plans if you have health conditions. See no-exam options.
- Consider whether a surviving spouse could afford the home on one Social Security or pension income.
Frequently asked questions
Can I get mortgage protection at 65?
Often yes. Term lengths and coverage amounts may be more limited, and price depends on health.
Is there a maximum age?
It depends on the carrier and term. Some term policies accept applicants into their 70s; permanent options may go higher.
This guide is general educational information, not a quote, tax, legal, or financial advice. Coverage, features, and availability vary by carrier and state and are subject to underwriting.
