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2. Can I qualify for a mortgage if I'm about to retire? - AOL

   www.aol.com/finance/qualifying-for-mortgage-in...

   Considering how much time can pass between your loan application and closing — anywhere from 10 to 20 weeks or more — there's a chance your retirement timeline will overlap with your ...

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. Buying a new home in retirement: Pros, cons and ... - AOL

   www.aol.com/finance/buying-home-in-retirement...

   Sources. Quarterly Report on Household Debt and Credit [PDF], Federal Reserve.Accessed December 13, 2024. B3-3.1-01, General Income Information (05/01/2024), Fannie Mae.Accessed December 13, 2024.

5. Remortgage - Wikipedia

   en.wikipedia.org/wiki/Remortgage

   A remortgage (known as refinancing in the United States) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. [1] The term is mainly used commercially in the United Kingdom , though what it describes is not unique to any one country.

6. Refinance rates for Thursday, December 19, 2024 - AOL

   www.aol.com/finance/mortgage-and-refinance-rates...

   Rates on a 15-year mortgage stand at an average 6.12% for purchase and 6.14% for refinance — up 9 basis points from 6.03% for purchase and 9 basis points from 6.05% for refinance this time last ...

7. Home Affordable Refinance Program - Wikipedia

   en.wikipedia.org/wiki/Home_Affordable_Refinance...

   Take for example a house that was purchased for $160,000 but is now worth $100,000 due to the market decline. Further, assume the homeowner owes $120,000 on the mortgage. In this scenario, the loan-to-value ratio would be 120%, and if the homeowner chose to refinance, he would also have to pay for private mortgage insurance.