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

   www.aol.com/finance/qualifying-for-mortgage-in...

   For example, if you have $200,000 in an eligible retirement account and your mortgage term is 30 years, the math could look like this: Monthly income 🟰 70% of the account balance total loan ...

3. Reverse mortgage requirements - AOL

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

   However, a small number of lenders have a lower age requirement for reverse mortgages, with options for people as young as 55. Residency: The home you’re seeking a reverse mortgage on must be ...

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

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

   Some reverse mortgage lenders offer other options for borrowers ages 55 and older. ... Reverse mortgage requirements. ... typically 15 or 30 years. With a reverse mortgage loan, the lender makes ...

5. Housing for Older Persons Act - Wikipedia

   en.wikipedia.org/wiki/Housing_for_Older_Persons_Act

   intended and operated for occupancy by persons 55 years of age or older, and-- (i) at least 80 percent of the occupied units are occupied by at least one person who is 55 years of age or older (ii) the housing facility or community publishes and adheres to policies and procedures that demonstrate the intent required under this subparagraph; and

6. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

7. Income requirements to qualify for a mortgage - AOL

   www.aol.com/finance/income-requirements-qualify...

   How much do you have to make a year to qualify for a $250,000 mortgage? There’s no specific annual income you’ll need to qualify for a $250,000 mortgage, but if you want to keep your payments ...