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2. Bridge loans: What are they and how do they work? - AOL

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   80/10/10 loan: With an 80/10/10 loan (also known as a piggyback loan), you put down 10 percent and finance two mortgages — the first mortgage for 80 percent of the purchase price and the ...

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

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   Home equity loan: A home equity loan is a lump-sum loan, usually with a fixed rate, fixed monthly payments and a term between five and 30 years. You’ll typically need at least 20 percent equity ...

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

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   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

5. Bridge loan - Wikipedia

   en.wikipedia.org/wiki/Bridge_loan

   A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing. [ 1 ] [ 2 ] It is usually called a bridging loan in the United Kingdom , [ 3 ] also known as a "caveat loan," and also known in some applications as a swing loan.

6. Subsidized housing in the United States - Wikipedia

   en.wikipedia.org/wiki/Subsidized_housing_in_the...

   The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...

7. Hard money loan - Wikipedia

   en.wikipedia.org/wiki/Hard_money_loan

   A hard money loan is a specific type of asset-based loan: a financing instrument through which a borrower receives funds secured by real property. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk and shorter duration of the loan. [1]

8. Iowa ranked as most affordable state for seniors entering ...

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