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

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

   FAQ about mortgages for seniors. What counts as income for a mortgage loan as a senior? Lenders consider employment wages, Social Security payments, freelance income, part-time income, tips ...

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

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

   These home equity loans can be a source of cash for seniors, albeit a costly one. ... for borrowers ages 62 and older. Some reverse mortgage lenders offer other options for borrowers ages 55 and ...

5. Best mortgage lenders of November 2024 - AOL

   www.aol.com/finance/best-mortgage-lenders...

   Lender. Best For. Minimum Credit Score Requirement. More Details. Rate Mortgage. Best overall. 620. Learn more. Movement Mortgage. If you want an impact lender:

6. Types of mortgage refinance: How to choose - AOL

   www.aol.com/finance/types-mortgage-refinance...

   With a reverse mortgage, homeowners aged 62 or older (or 55 and older, depending on lender) who have paid off their mortgage or have substantial equity receive tax-free income based on their home ...

7. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   If you bought your home when interest rates were high, refinancing could be a way to save on your monthly payments or total interest over the life of your mortgage. ... homeowners ages 62 or older ...