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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. 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 ...

  6. Is it time to refinance your mortgage? 5 ways to prepare. - AOL

    www.aol.com/finance/time-refinance-mortgage-5...

    5 steps to prepare to refinance. You can keep in touch with a lender while you get ready to refinance, or you can use a DIY approach and wait to contact a lender until you're ready to apply.

  7. When should you refinance your mortgage? - AOL

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

    A home equity conversion mortgage — or reverse mortgage — is designed for homeowners ages 62 or older. You borrow money from your home’s equity as a loan, but no monthly payment is required ...

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