Additionally, state and local housing agencies often provide specialized home loans for seniors that feature flexible qualifying criteria and possible assistance with down payments and closing costs. As previously noted, seniors with sufficient assets, retirement savings, or investment accounts can readily ...
payments are due on the first day of the month. Even though they may not charge a "late fee" for a number of days, the payment is still considered to be late and the loan delinquent. When a loan payment is more than 30 days late, most lenders report the late payment to one or mo...