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Updated almost 7 years ago,

Micah Mcarthur's profile image
Micah Mcarthur's profile image
Micah Mcarthur
  • Real Estate Investor
  • from Louisville, Ky
  • Member since Aug 26, 2017
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User Stats

56
Posts
39
Votes
Micah Mcarthur's profile image
Micah Mcarthur's profile image
Micah Mcarthur
  • Real Estate Investor
  • from Louisville, Ky
  • Member since Aug 26, 2017
Connect
Micah Mcarthur
  • Real Estate Investor
  • Louisville, Ky
39
Votes |
56
Posts
Buying & Selling Real Estate

"Family Opportunity Mortgage" by Fannie Mae

Micah Mcarthur
  • Real Estate Investor
  • Louisville, Ky
Posted

Does anyone have any experience with this loan product?   I am looking to purchase a house for my father, and the couple of banks I have talked with so far have no experience with this loan.   

Is it hard to actually qualify for this loan? are there typical snags or delays?  any other issues I should be aware of that would steer me back to just getting a conventional mortgage?

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