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

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

    However, taking out a senior mortgage can be a smart play for retirees who can afford to make a substantial down payment on a home. Along with a smaller loan, consider a shorter loan — say, a 15 ...

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

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

    A reverse mortgage is a type of loan that allows homeowners ages 62 and older to borrow against their home’s equity for tax-free payments. The reverse mortgage lender makes these payments to the ...

  4. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [2] Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator.

  5. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    The Maximum Household Income Limits are based upon everyone in the home who is a wage earner, even if their income is not going to be used to qualify for the USDA Loan. For instance, Social Security Income from an elderly relative living in the home would be considered when determining the maximum household income - even if that relative was ...

  6. Template:Mortgage loan - Wikipedia

    en.wikipedia.org/wiki/Template:Mortgage_loan

    Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Pages for logged out editors learn more

  7. No income, no asset - Wikipedia

    en.wikipedia.org/wiki/No_Income,_No_Asset

    It was a play on NINA, which in turn is based on the notation scheme for the level of documentation the mortgage originator required. It was described as a no income, no job, [and] no assets loan because the only thing an applicant had to show was his/her credit rating, which was presumed to reflect willingness and ability to pay.

  8. Home Owners' Loan Corporation - Wikipedia

    en.wikipedia.org/wiki/Home_Owners'_Loan_Corporation

    HOLC was established as an emergency agency under Federal Home Loan Bank Board (FHLBB) supervision by the Home Owners' Loan Act of 1933, June 13, 1933. [6] It was transferred with FHLBB and its components to the Federal Loan Agency by Reorganization Plan No. I of 1939, effective July 1, 1939.

  9. Boat loans for older boats vs. new boats: What you need to know

    www.aol.com/finance/boat-loans-older-boats-vs...

    Cons. Some lenders may not offer loans for older boats. If an unsecured loan is needed, the shorter available may make the payment unaffordable. The rates and fees are typically higher.

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