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

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

   When seniors apply for a mortgage, lenders look at the same financial criteria as they do for any other borrower, including credit history and score, debt-to-income (DTI) ratio, income and other ...

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 is a reverse mortgage? How it works, who it’s best for ...

   www.aol.com/finance/what-is-a-reverse-mortgage...

   Various local and federal programs offer financial assistance to seniors and retirees for housing-related expenses. ... No, a reverse mortgage isn’t the best option when interest rates are high ...

5. Reverse mortgage - Wikipedia

   en.wikipedia.org/wiki/Reverse_mortgage

   The FBI, Inspector General, and HUD urge American consumers, especially senior citizens, to be cautious when considering reverse mortgages to avoid scams. [22] HUD specifically warns consumers to "beware of scam artists that charge thousands of dollars for information that is free from HUD". [23]

6. Reverse mortgage pros and cons: What every senior should know

   www.aol.com/finance/reverse-mortgage-pros-cons...

   Reverse mortgages have gained a reputation thanks to some scams that target unsuspecting seniors. Even legitimate companies have used dishonest marketing to try to get homeowners to take out ...

7. Reverse mortgage: What it is and how it works - AOL

   www.aol.com/finance/reverse-mortgage-works...

   “In each situation where regular income or available savings are insufficient to cover expenses, a reverse mortgage can keep seniors from turning to high-interest lines of credit or other more ...