Also check out this video: Appraiser Nailed You With Required Repairs – No Worries!
Are you a buyer looking to purchase a HUD home or a Realtor looking so sell a HUD Home? Eaither way, in this video we explain:
Also check out this video: Appraiser Nailed You With Required Repairs – No Worries!
For many, the dream of homeownership remains a significant milestone. But what if you could help a close family member achieve that dream, even if they face financial hurdles? The Family Opportunity Mortgage Program, often referred to as the Family Assist Program, is a specialized mortgage solution designed to do just that – empower families to support loved ones in purchasing a home.
This unique program was created to address a common challenge: families who want to assist elderly parents, adult children with disabilities, or other qualifying relatives in buying a home, but where the assisting family member might not be able to occupy the home themselves, or where the assisted family member faces challenges meeting traditional mortgage qualifications alone. It essentially allows family members to secure financing for a loved one’s primary residence, often with more favorable terms than a standard investment property loan.