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  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. Be sure to consider your spouse or partner when deciding to get a mortgage.

  3. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    Nevertheless, HUD specifies eligible activities that all governments can perform to achieve program objectives: [2] Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage ...

  4. Buying a new home in retirement: Pros, cons and ... - AOL

    www.aol.com/finance/buying-home-in-retirement...

    4 factors to consider before buying a home. Buying a home will inevitably affect your retirement years. Weigh these key factors to get a sense of what to look for in a new house or condo. 1. Lifestyle

  5. Reverse mortgage - Wikipedia

    en.wikipedia.org/wiki/Reverse_mortgage

    The "HECM for Purchase" applies if "the borrower is able to pay the difference between the HECM and the sales price and closing costs for the property. [30] The program was designed to allow the elderly to purchase a new principal residence and obtain a reverse mortgage within a single transaction by eliminating the need for a second closing.

  6. Senior living - Wikipedia

    en.wikipedia.org/wiki/Senior_living

    A retirement home is a multi-residence housing facility intended for the elderly. The concept is sometimes called an old people's home, [9] old folks' home, or old age home, although old people's home can also refer to a nursing home. [10] Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional ...

  7. How all 50 states tax retirement income: A comprehensive list ...

    www.aol.com/finance/states-that-tax-retirement...

    Ohio taxes most retirement income, offering only two credits: a $50 annual senior citizen credit for residents age 65 and older, or a one-time lump sum distribution credit of up to $200 for those ...

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