🏡👵🏼 Nursing Home for Parents? Grandparents?
Info from ChatGPT <—Find all the info here Here’s is some interesting information that I just learned about. 🛑 A Family Opportunity Mortgage lets you buy a home for your aging parents (or a disabled adult child) without them qualifying for the loan—and without you living there. * You qualify using your income and credit * Your parent lives in the home as their primary residence * The loan is treated like an owner-occupied mortgage (even though you don’t live there) 👉 That last part is the big advantage. Why it matters: * Lower interest rates * Lower down payment (often ~3–5%) * Easier approval than investment properties