Do you have a family member in need and want to help them buy a house? If you have a disabled adult child or an elderly parent who can’t qualify for a mortgage on their own you have options! With the Family Opportunity Mortgage, your can purchase another home without the conventional investment property requirements!
- Purchase a home for your family member as if you were purchasing an owner occupied home. This allows you to take advantage of the much more lenient owner occupied guidelines and avoid the much more strict investment property guidelines.
- 620 minimum credit score
- Can be used for a purchase or refinance
By David Hughson