What requires little to no income from the borrower, has a fantastic rate and only 3.5% down?
A Kiddie Condo loan!
And it doesn’t apply ONLY to condos!
What better way to purchase a home for your son or daughter who is headed off to college? It’s a no-brainer! The process of buying a Kiddie Condo is simple – your child applies as the PRIMARY borrower on an FHA loan (so they do need to have a credit score) and you and/or your spouse are the co-mortgagors. Your income and assets are used to (0 comments)
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Hal Tennant
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