enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

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

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

   You can also ask your lender about senior citizen mortgage assistance programs that are available in your state. As with people of all ages, having a budget, limiting expenses and accurately ...

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

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

   Along with a smaller loan, consider a shorter loan — say, a 15-year mortgage instead of the benchmark 30-year. Yes, your monthly payments will be higher, but your interest rate will be lower.

4. Feds announce changes to reverse mortgage program - AOL

   www.aol.com/feds-announce-changes-reverse...

   Home equity conversion mortgages, also called reverse mortgages, can be a boon for seniors who own their homes but whose income has dropped. With a HECM, the lender makes payments to the borrower ...

5. Reverse mortgage - Wikipedia

   en.wikipedia.org/wiki/Reverse_mortgage

   The cost of getting a reverse mortgage from a private sector lender may exceed the costs of other types of mortgage or equity conversion loans. Exact costs depend on the particular reverse mortgage program the borrower acquires and vary from lender to lender. Depending on the program, there may be other costs. [16]

6. 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. ... a reverse mortgage can keep seniors from turning to high-interest lines of credit or other more costly loans ...

7. Administration of federal assistance in the United States

   en.wikipedia.org/wiki/Administration_of_federal...

   Certain programs have restrictions on who may receive the assistance because of the nature of its activity or service. [8] Examples include infrastructure programs and grants, which are usually restricted to States, local governments, and U.S. territories—because these are usually the only entities that administer public roads, bridges, etc.