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  2. Pennsylvania Higher Education Assistance Agency - Wikipedia

    en.wikipedia.org/wiki/Pennsylvania_Higher...

    It was created in 1963 by an Act of the Pennsylvania General Assembly, and engages in loan guaranty, loan servicing, financial aid processing, outreach and other student aid programs. It was announced on July 8, 2021 that the agency and the United States Department of Education would not continue their relationship, effective on December 14, 2021.

  3. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Loans discharged that were not the result of long-term public service employment constitute taxable income. Student loan borrowers may have their existing federal student loan debt removed if they can prove that their school misled them. The program is called Borrower Defense to Repayment or Borrower Defense. [75]

  4. Federal Housing Administration - Wikipedia

    en.wikipedia.org/wiki/Federal_Housing_Administration

    The annual Mortgage Insurance Premium (MIP) for FHA-insured mortgages varies depending on factors such as the base loan amount, loan-to-value (LTV) ratio, and loan term. For a typical 30-year mortgage, the annual MIP rate ranges from 0.80% to 1.05%. Homebuyers who opt for a 15-year mortgage experience lower MIP rates, ranging from 0.45% to 0.95%.

  5. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    First-time buyer loans typically have more flexible requirements, such as a lower down payment and credit score. Many help buyers with closing costs and the down payment through grants and low ...

  6. HFA loans: Everything you need to know - AOL

    www.aol.com/finance/hfa-loans-everything-know...

    FHA loans: More widely available than HFA loans. Lower credit score requirements. 3.5 percent down payment requirement. VA loans: Only available to veterans and service members. No down payment ...

  7. Should you use your home equity to pay off high-interest debt?

    www.aol.com/finance/home-equity-loan-pay-off...

    Loan requirements vary by lender, but to get the best rates on a home equity loan, you often need good to excellent credit, low debt and at least 50% equity in your home.

  8. FHA loan requirements for 2024: Here’s how to qualify - AOL

    www.aol.com/finance/fha-loan-requirements-2024...

    FHA loan requirements are generally more flexible than what you’ll find with other types of mortgages. They’re designed for low- to moderate-income borrowers with a lower minimum credit score ...

  9. Home equity line of credit - Wikipedia

    en.wikipedia.org/wiki/Home_equity_line_of_credit

    However, because the collateral of a HELOC is the home, failure to repay the loan or meet loan requirements may result in foreclosure. As a result, lenders generally require that the borrower maintain a certain level of equity in the home as a condition of providing a home equity line, usually a minimum of 15-20%. [3]

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