Buying a house for my parents

[Tsz Wong]

Hi all,

I am pretty new to this forum. I am trying to purchase a house/condo/townhouse in California for my parents but I move to Kansas 10 months ago for my job. When I purchase a property for them, most lenders tell me that it will be an investment property. My parents do not make much money. I found the following statement on this site: https://www.fanniemae.com/content/guide/selling/b2...

"Children wanting to provide housing for parents If the parent is unable to work or does not have sufficient income to qualify for a mortgage on his or her own, the child is considered the owner/occupant."

If I tell that tell my lender that statement, will it work? Do most lenders follow this guidebook? If not, what else could I do to make it as a primary property? Or is there any better options out there? Thank you.