I've just retired and wish to refinance my mortgage. However, when I spoke with my bank, they said that since I no longer have a consistent paycheck I dont qualify under their rules for a refinance. However I will be taking consistent IRA distributions as well as receiving a consistent social security check, which I've read online (when others have faced this issue) should qualify as consistent income for purposes of a mortgage.
Does anyone have any suggestions on other options I can try: e.g. Should I be looking at refinancing through another bank? Would a credit union be more likely to qualify me than a traditional bank, etc?