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"We should consider every day lost on which we have not danced at least once." ~Friedrich Wilhelm Nietzschee

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Today's Community Review:

May 5, 2021

Kings Point, Sun City Center, Florida

Sun City Center is in west central Florida and is the site of Kings Point, a large 55+ community with condominiums, town homes, clubhouses, 27 holes of golf, leafy grounds and more.

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Previous Daily Reviews (More Below):

Country Club Estates, Deming, New Mexico

Low key Deming is in southwestern New Mexico and is the location of Country Club Estates, a quiet 55+ community with attractive Pueblo-style single family homes. Amenities include a clubhouse and pretty mountain views.

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Best Mortgage Lenders

Homeowners approaching retirement often have enough equity to sell their current home and buy a less expensive one outright. Some people, though, want to keep the cash from their home sale and finance a new home, while others might need a small or short-term mortgage to cover the gap between their available cash and a home's purchase price. If you do need a mortgage, it is important to choose the right one. Here are three of the best lenders.

Better Mortgage - According to Nerd Wallet, this mortgage company charges no commission fees and has no application, underwriting or origination fees. They also close most loans within 21 days, two times faster than the national average.

Quicken Loans - This mortgage company has a five star rating in the 2019 J.D. Power U.S. Primary Mortgage Origination Satisfaction Study and an A+ rating with the BBB. Quicken Loans has processed more than two million mortgages.

Vylla Loan - This mortgage lender has multiple loan programs for people with less than steller credit and considers alternative credit data, such as bank statements and rent payments.

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Sunflower - Continental Ranch, Marana, Arizona

Outside of Tucson in southern Arizona, Marana is the site of Sunflower, an established 55+ community within the gates of Continental Ranch. Single level, Mediterranean-style homes are for sale, and amenities include a village center, tennis courts, a putting green, walking trails and a packed social events calendar.

Turkey Creek Forest, Gainesville, Florida

Gainesville is in northern Florida and is the site of Turkey Creek Forest, a modest, wooded 55+ single family home community with a solar heated swimming pool, shaded tennis courts, a sense of privacy and a very reasonable HOA fee.

Sun Lakes Country Club, Banning, California

Between Los Angeles and Palm Springs, Banning is the site of Sun Lakes Country Club, a large, settled 55+ community with single family homes, town homes, condominiums, two golf courses, three clubhouses and plenty of sunshine.

Lake James, Lakeland, Florida

Lakeland, home to golf courses and lakes, is in central Florida and is the setting for Lake James, a welcoming 55+ community with single family homes, a lake, a clubhouse, a heated swimming pool, walking paths and a quiet atmosphere.

Cottages at Innsbrooke, Murfreesboro, Tennessee

In central Tennessee, Murfreesboro is the site of the Cottages at Innsbrooke, a quiet 55+ community with town homes (duplexes), a clubhouse, walking trails, nearby shopping and more.

Lakeside Village, Blairsville, Georgia

In the mountains of northern Georgia, Blairsville is the setting for Lakeside Village, a lakeside community with manufactured homes tucked in the woods. Amenities include RV storage, a marina, a clubhouse with a porch overlooking the lake and more.

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Communities by State

Alabama   Arizona   California   Colorado   Florida   Georgia   Nevada   North Carolina   Oregon   South Carolina   Tennessee   Texas   Virginia   Washington  

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How to Qualify for a Reverse Mortgage

All borrowers must be at least 62 years old. The older you are, the more funds you can receive from a reverse mortgage.

You must live in your home as your primary residence for the length of the reverse mortgage. You must own your home outright or have at least 50% equity.

You must meet with a HUD-approved reverse mortgage counselor prior to applying for a reverse mortgage to learn exactly how a reverse mortgage works and how much it costs (fees, etc.). The counseling session is to ensure that the borrow completely understands how a reverse mortgage works.

Single family homes, manufactured homes built after 1976, condominiums that are FHA-approved and town homes are all eligible for a reverse mortgage.

You must show the financial ability to meet your loan obligations, including paying property taxes, insurance and HOA fees if applicable. You must also maintain the home.

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