City Pedia Web Search

Search results

1. Results From The WOW.Com Content Network

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

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

   DTI ratio. Calculate your DTI ratio using this formula: DTI = Monthly debt payments (including mortgage or rent) / monthly gross income x 100. Some lenders allow a DTI ratio as high as 50 percent ...

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. Home Affordable Refinance Program - Wikipedia

   en.wikipedia.org/wiki/Home_Affordable_Refinance...

   The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify. Later that same year, the program was expanded to include those ...

5. Housing for Older Persons Act - Wikipedia

   en.wikipedia.org/wiki/Housing_for_Older_Persons_Act

   The short title is the "Housing for Older Persons Act of 1995." [ 4] Section 2, defining "housing for older persons", amends Section 807 (b) (2) (C) of the Fair Housing Act, [ 5] as that being. 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 ...

6. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

7. How can Mass. make housing more affordable? State official ...

   www.aol.com/mass-housing-more-affordable-state...

   Edward Augustus Jr., Massachusetts secretary of housing and livable communities, talks with Gannett reporters from throughout the state at the company's newsroom in Concord, Dec. 7, 2023.