Family Opportunity Loan

The BEST mortgage interest rates and terms are typically reserved for “owner-occupied” home loans. “Owner-occupied” simply means that the people buying the home are going to live in it.

HOWEVER, Fannie Mae has an exception to this rule! If you are buying a home for a parent who is unable to qualify on their own, it can be treated as an “owner-occupied” loan. It’s termed the Family Opportunity Loan, and it does just that- gives you a greater opportunity to assist your family member in purchasing a home.

This loan program can also provide favorable terms for a parent purchasing a home for their disabled child.

We are well versed in this loan program, so if this sounds like something that you could use, give us a call!

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Видео Family Opportunity Loan канала John Pyne- Mortgage Tips & Tricks