Family Opportunity Mortgage
A mortgage option designed for unique family situations.
Bear in mind that, even though you may buy the home for a parent, your parent(s) will need to show documentation to prove they cannot qualify for the mortgage on their own. Those documents include tax returns, social security awards letter, and/or proof of retirement income.
If you plan to buy a home for a relative, it’s critical to know your options. The Family Opportunity Mortgage is a great option when you have unique living circumstances. Be sure to ask your licensed lender when the time comes.
Shikma Rubin, NMLS ID #1114873, is a licensed loan officer with Tidewater Home Funding, LLC. in Chesapeake. She enjoys the chance to lead workshops and webinars on how to buy a home. Have mortgage questions? You can contact her at firstname.lastname@example.org or 757-490-4726.
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Your local lending partner, our team strives to exceed your expectations before, during and after the mortgage process.