Each individual borrower and each joint borrower, shall meet the following requirements: Be at least 65 years old; Have a total household income which does not exceed the limits established by the Department from time to time; Have the legal capacity, or the necessary legal authority in the case of someone acting on behalf of the borrower, to incur the obligations of the loan; and Agree to comply with the terms of the loan and the requirements established by the Program. For at least 1 year before applying for the loan, the individual borrower or at least one joint borrower shall have continuously owned and occupied the home, except that the individual or joint borrower who has continuously owned the home but has been unable to occupy the home for health or safety reasons shall reasonably expect to reoccupy the home within 2 months after the loan closing.