Question 1: I'm a senior citizen on a fixed income.
How can HUD help me keep my home or find low-cost housing or assisted
Answer: We have lots of information about living
choices for senior citizens. HUD-approved housing
counseling agencies can help you think through your options. Contact
one near you.
Question 2: I'm a senior citizen, and I've heard about "reverse
mortgages." How do they work, and how can I get one?
Answer: We have lots of information about reverse
mortgages - including information on how to avoid scams. If you
decide you want to pursue a reverse mortgage, we have a list
of approved lenders who can help you.
Question 3: I want to make some home improvements. Does HUD have
grants or loans that could help me?
Answer: Read our home improvements
section. You'll find out about the federal programs that are available,
as well as some tips on making home improvements.
Question 4: I'm interested in refinancing the mortgage on my house;
and I heard about "FHA streamline refinance." What rules
and guidelines apply?
Answer: If you currently have an FHA-insured loan, you may be eligible
for an FHA streamline refinance. The word "streamline" refers
to the amount of documentation and underwriting that needs to be performed
by the lender. Depending on the lender, there may be other advantages.
Find out more about the requirements
of streamline refinancing.
Question 5: As a homeowner, I am concerned about environmental
issues that might have impact on my home and community. Where can
I get information?
Answer: We offer information about topics like air
pollution, flood insurance and aquifers, lead
paint hazards, and ways to make your home a "healthy