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

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   Reverse mortgage: A reverse mortgage is a loan taken out against your current home, in which a lender pays you monthly installments; these must be repaid, or the home surrendered to the lender ...

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. Can I qualify for a mortgage if I'm about to retire? - AOL

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   If you’re shopping for a $400,000 home, how much you’ll pay each month depends on more than your interest rate, including your credit score and the length of your mortgage term, frequency of ...

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

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

   The most common type of reverse mortgage is a Home Equity Conversion Mortgage (HECM), for borrowers ages 62 and older. Some reverse mortgage lenders offer other options for borrowers ages 55 and ...

6. Real estate mortgage investment conduit - Wikipedia

   en.wikipedia.org/wiki/Real_estate_mortgage...

   A real estate mortgage investment conduit (REMIC) is "an entity that holds a fixed pool of mortgages and issues multiple classes of interests in itself to investors" under U.S. Federal income tax law and is "treated like a partnership for Federal income tax purposes with its income passed through to its interest holders".

7. 11 Florida Cities Where You Still Can Pay Under $2K a Month ...

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   Pine Hills. Average monthly mortgage payment: $1,702 Average home value: $311,310 Average monthly utility bills: $386.67 Average monthly total cost of living: $3,847 Photo is of nearby Orlando.

8. Miami - Wikipedia

   en.wikipedia.org/wiki/Miami

   Miami, [b] officially the City of Miami, is a coastal city in the U.S. state of Florida and the county seat of Miami-Dade County in South Florida.It is the core of the Miami metropolitan area, which, with a population of 6.14 million, is the second-largest metropolitan area in the Southeast after Atlanta, and the ninth-largest in the United States. [9]

9. AOL Mail

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   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!