Elderly Parents Home Loan

Getting a mortgage loan for your elderly parents is easier than you think and they offer some of the lowest interest rates available. Special mortgages exist for the children of elderly parents. In addition, there are mortgage programs for able-bodied people who live with qualified elderly parents. For instance, a caretaker who shares a home with his elderly parents might get a special mortgage.

Buying a Home for your Elderly Parents

This loan program is designed for the children who want to provide housing for their elderly parents If the elderly parents are unable to work or don’t have sufficient income to qualify for a mortgage their own.

Elderly Parents Loan Program Requirements

  • It must be the elderly parent’s principal residence.
  • The property will be considered to be the children’s primary residence even though they will not be occupying the property.
  • Purchase or rate and term refinance transactions allowed.
  • The elderly parents are not required to be on the title or on the mortgage.
  • Tax returns are required from the elderly parents which document insufficient income to qualify.
  • 5% Down Payment required.
  • 620+ Credit Score required.
  • 6% Seller Credit towards buyers closing costs allowed.

Comparing Current Mortgage Rates

Finding the lowest mortgage rates is very important, that’s why we’ve already searched them for you, getting the lowest rate possible could save you hundreds of dollars a year and thousands of dollars over the life of your loan. Yes, having us find you the best mortgage rates is a big deal.

Current Mortgage Rates

When you “CLICK HERE” you’ll instantly see today’s lowest  mortgage rates. If you see an interest rate you like, you can click to head straight to get your custom rate quote.


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Expert advice at your fingertips

Our home loan experts are available 7 days a week to answer all your home loan questions. We don’t keep bankers hours…. we understand that you have busy schedules, that’s why we’re available nights and weekends.

Eddie Hoskins Founder & CEO

“My mission is to give our clients their most enjoyable home buying experience, I’m focused on making sure there process is simple.”

Why should you choose us for your home loan?

We work for you & not the bank, we offer wholesale mortgage rates which are lower than retail rates not to mention, we offer a wide variety of loan options so your not stuck with one set of restrictive underwriting guidelines.

Credit scores a little low?

We have a credit score analyzing tool that can provide us with options to improve your credit scores quickly through a rapid credit rescore that usually takes 48 hours.

“We Think Outside The Box”

Our “Outside The Box Thinking”  gets home loans approved and closed every day! From one-year business tax returns loans to 55% debt to income ratio approvals, we close them all.

We’ve streamlined the mortgage process, close in 30 days or less.

From application to closing, all from the palm of your hand.

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