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  2. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    However, seniors may find it harder to qualify for a new home loan if they have a limited income, existing mortgage or other debt. We often think of homebuyers as young people: newlyweds, couples ...

  3. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    Loan type. Minimum credit score. Conventional loans. 620. FHA loans. 580 with 3.5% down payment, 500 with 10% down payment. VA loans. No minimum requirement, but generally 620

  4. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    Guaranteed loans are most often backed by the U.S. government, namely the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA), which back FHA loans and VA loans ...

  5. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    USDA Loans offer 100% financing to qualified buyers, and allow for all closing costs to be either paid for by the seller or financed into the loan. [ 3 ] USDA Home Loans have Maximum Household Income Limits which vary by the county in which you purchase a home; the income limits change annually.

  6. Guaranteed Rate - Wikipedia

    en.wikipedia.org/wiki/Guaranteed_Rate

    Guaranteed Rate Companies, doing business as Rate, is a U.S. residential mortgage company headquartered in Chicago, Illinois. [2] Founded in 2000 by Victor Ciardelli, the company had $55 billion in funded volume in 2022, down 25% since 2020. [3]

  7. Alt-A - Wikipedia

    en.wikipedia.org/wiki/Alt-A

    One problem associated with Alt-A loans is the lack of necessary proof or documentation needed to be approved for a loan. Thus, lenders may be inclined to suggest borrowers skew their incomes or assets in order to qualify for a larger loan; in the long run, the borrowers may turn out to be unable to afford their payments but the lenders still ...

  8. 96 best discounts for ages 50+: Where to save money for ... - AOL

    www.aol.com/finance/best-senior-discounts...

    United — Limited senior fares available (select "Senior 65+" when booking) Hotel discounts While quite a few hotels offer discounted rates, they tend to come with caveats about availability and ...

  9. Senior debt - Wikipedia

    en.wikipedia.org/wiki/Senior_debt

    Senior debt is frequently issued in the form of senior notes or referred to as senior loans. Senior debt has greater seniority in the issuer's capital structure than subordinated debt . In the event the issuer goes bankrupt , senior debt theoretically must be repaid before other creditors receive any payment.

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