Family Opportunity Loan | What are the advantages?

Have you heard of the Family Opportunity loan? If you're someone who owns a home currently, but would like to purchase a home for your parent or child who may need help qualifying, this can be a great program for you to take advantage! Tune in to learn more, and follow along the timestamps below for each question we'll be covering: 0:00 What is a family opportunity loan? 2:50 What are the main advantages of the family opportunity mortgage? 4:40 Do you find many people are unaware that a program like this exists? 6:50 Can you give some examples of people who have utilized the family opportunity mortgage recently? 10:50 Are there additional document requirements for this program that may be different than other loans? 14:39 This program sounds so great; why isn’t it more utilized by mortgage professionals as a solution for their clients? 22:20 What are the disadvantages of the program? 25:00 For those who want more content like you have provided, where should they go online to find you and learn more? If you found value in this episode, we encourage you to SUBSCRIBE to the podcast so you don't miss out on weekly episodes. Also, check out our YouTube channel for all of these episodes as LIVE in-person interviews at the Talk of CT Radio Station! Follow on IG, FB @weinbergmortgage