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  2. Home improvement grants for seniors: 2024 options - AOL

    www.aol.com/finance/home-improvement-grants...

    The USDA Single Family Housing Repair Loans and Grants program assists homeowners aged 62 and older. The program exists to help promote “safe, decent housing for older adults in rural areas ...

  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. How your home can pay for emergency repairs - AOL

    www.aol.com/finance/home-pay-emergency-repairs...

    Government-backed mortgages: Some government-backed loans, such as an FHA 203(k) loan, a VA renovation loan or a USDA Section 504 home repair loan, can help with both minor repairs or major ...

  5. Federal Housing Administration - Wikipedia

    en.wikipedia.org/wiki/Federal_Housing_Administration

    The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, established in part by the National Housing Act of 1934. Its primary function is to provide insurance for mortgages ...

  6. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

  7. Administration on Aging - Wikipedia

    en.wikipedia.org/wiki/Administration_on_Aging

    The Administration on Aging (AoA) is an agency within the Administration for Community Living of the United States Department of Health and Human Services.AoA works to ensure that older Americans can stay independent in their communities, mostly by awarding grants to States, Native American tribal organizations, and local communities to support programs authorized by Congress in the Older ...

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

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

    A reverse mortgage can provide a steady stream of income to supplement Social Security and other retirement funds. Pays off your existing mortgage. If you still have a traditional mortgage, you ...

  9. How to pay for home improvements - AOL

    www.aol.com/finance/pay-home-improvements...

    It lets you borrow up to $25,000 without any home equity. HUD loans can be a good home repair option if you’ve recently purchased your home and need to make upgrades, but this does come with a ...

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