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

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

    Home equity loan: A home equity loan is a lump-sum loan, usually with a fixed rate, fixed monthly payments and a term between five and 30 years. You’ll typically need at least 20 percent equity ...

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

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

    A reverse mortgage is a type of loan that allows homeowners ages 62 and older to borrow against their home’s equity for tax-free payments. The reverse mortgage lender makes these payments to the ...

  4. Reverse mortgage - Wikipedia

    en.wikipedia.org/wiki/Reverse_mortgage

    A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically promoted to older homeowners and typically do not require monthly mortgage payments. Borrowers are still responsible for property taxes or homeowner's insurance.

  5. Homeownership in the United States - Wikipedia

    en.wikipedia.org/wiki/Homeownership_in_the...

    The homeownership rate in the United States [ 1][ 2] is the percentage of homes that are owned by their occupants. [ 3] In 2009, it remained similar to that in some other post-industrial nations [ 4] with 67.4% of all occupied housing units being occupied by the unit's owner. Homeownership rates vary depending on demographic characteristics of ...

  6. 60 Plus Association - Wikipedia

    en.wikipedia.org/wiki/60_Plus_Association

    The 60 Plus American Association of Senior Citizens is an American conservative advocacy group founded in 1992 and based in Alexandria, Virginia. Its stated purpose is to promote solutions to seniors' issues that are grounded in free markets, less government, and less taxes. [1] The organization is pro-Republican Party. [2] The organization is ...

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

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

    Home equity loan: A home equity loan is a lump-sum loan, usually with a fixed rate, fixed monthly payments and a term between five and 30 years. You’ll typically need at least 20 percent equity ...

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