Real estate blog entries tagged with kiddie condo by Kelly Lise Murray (DivorceThisHouse.com)

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Home : Blogs : Kelly Lise Murray : Kelly Lise Murray's Blog : Tag "kiddie condo"

kiddie condo: After Divorce Mortgage Option for Stay At Home Parent - Kiddie Condo Loan Program - 01/14/09 08:17 AM

Sound familiar: "I have to keep the house - because I can't qualify for a mortgage on another property."
This is especially true for stay at home parents whose positive economic contribution to the family - although recognized by the family court - is invisible on their current credit report. Low credit or no credit is not helpful for mortgage underwriting purposes.
One post-divorce mortgage option for some stay at home parents - the Kiddie Condo Loan Program.
It was originally developed by the FHA for undergrad/grad students and their parents who, rather than rent for 4-5 years, chose to buy … (0 comments)

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Kelly Lise Murray

Franklin, TN

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DivorceThisHouse.com

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January 2009 (16)

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