fha kiddie condo: Kiddie Condo Loan in Tuscaloosa AL
- 06/21/12 10:38 AM
Kiddie Condo Loan in Tuscaloosa AL Or a house. Do not let the name fool you. The Federal Housing Administration (FHA) allows parents to buy a home that their child can live in during their college years. Search for homes within two miles of The University of Alabama. The Benefits of the Kiddie Condo Loan in Tuscaloosa AL: Rent can be collected from the child’s roommates. The down payment is 3.5%. Parents receive the benefits of an owner-occupied loan program, such as low down payment (3.5%) and low interest rates (owner-occupied rates, not second home or investor rates, which are higher). (1 comments)
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Beth Spradley
Selling Homes & Investments in Florida and Alabama
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