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A divorce is an incredibly trying time on an individual and their family members. One of the most painstakingly parts of the divorce process is dividing up shared assets and determining future living situations. The kiddie condo loan will basically allow a blood relative to help acquire a property by co-signing on the loan. For those looking for a way to quickly relocate after a divorce and don't have the immediate financial independence to do so, the kiddie condo loan might be the right fit.
Easy to Apply
Very Popular
Designed for Multiple Borrowers
Easy to Apply- Choosing the right lender is absolutely crucial when looking into the possibility of a kiddie condo loan. The quality and knowledge of your lender can either save or cost you a lot of money down the road. Even though the kiddie condo loan program has been around for quite some time, after the 2008 housing meltdown, mortgage regulations can change on a moments notice. Having an experienced lender will make the process of taking out a kiddie condo loan much smoother. And always remember to get a rate quote before doing business with any lender!
Very Popular
The kiddie condo loan is generally used by college students and their parents when arranging the situation for students during the school year. This loan program allows for the property owner to also rent out the remaining space so it is a very desirable program for a college student. That being said, this program is not just for college students, the only stipulation is that the borrowers on the loan must be blood relatives. And don't let the nickname deceive you, this loan can be used on single family units as well as condos.
Designed for Multiple Borrowers- As I previously said, the kiddie condo loan is specifically designed to allow blood relatives to co-sign on a single unit property. And while the kiddie condo loan is a great option for college students or recent divorcees, there is a specific set of guidelines that the borrowers must follow. As I've already said, the major stipulation of the loan program is that the borrowers must be blood relatives AND one of the borrowers must actually reside in the property. This is specifically put in place to prevent the use of the kiddie condo loan program for 2nd homes or investment properties.
Explore Your Options- A divorce is an incredibly difficult every member of a family, this stress is only increased by financial considerations after the divorce is final. If you are looking for a way to find a property relatively quickly, but may not be ready to be financially independent from your partner, the kiddie condo loan can help you achieve those goals. This often overlooked loan program is one that be a wonderful resource that can help simplify the divorce process.
2. A divorce is an incredibly trying time on an individual
and their family members. One of the most painstakingly
parts of the divorce process is dividing up shared assets
and determining future living situations. The kiddie
condo loan will basically allow a blood relative to help
acquire a property by co-signing on the loan. For those
looking for a way to quickly relocate after a divorce and
don't have the immediate financial independence to do
so, the kiddie condo loan might be the right fit.
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008
3. Easy to Apply
Very Popular
Designed for Multiple Borrowers
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008
4. Easy to Apply
Choosing the right lender is absolutely crucial when
looking into the possibility of a kiddie condo loan. The
quality and knowledge of your lender can either save or
cost you a lot of money down the road. Even though the
kiddie condo loan program has been around for quite
some time, after the 2008 housing meltdown, mortgage
regulations can change on a moments notice. Having an
experienced lender will make the process of taking out a
kiddie condo loan much smoother. And always remember
to get a rate quote before doing business with any lender!
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008
5. Very Popular
The kiddie condo loan is generally used by college
students and their parents when arranging the situation
for students during the school year. This loan program
allows for the property owner to also rent out the
remaining space so it is a very desirable program for a
college student. That being said, this program is not just
for college students, the only stipulation is that the
borrowers on the loan must be blood relatives. And don't
let the nickname deceive you, this loan can be used on
single family units as well as condos.
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008
6. Designed for Multiple Borrowers
As I previously said, the kiddie condo loan is specifically
designed to allow blood relatives to co-sign on a single
unit property. And while the kiddie condo loan is a great
option for college students or recent divorcees, there is a
specific set of guidelines that the borrowers must follow.
As I've already said, the major stipulation of the loan
program is that the borrowers must be blood relatives
AND one of the borrowers must actually reside in the
property. This is specifically put in place to prevent the
use of the kiddie condo loan program for 2nd homes or
investment properties.
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008
7. Explore Your Options
A divorce is an incredibly difficult every member of a
family, this stress is only increased by financial
considerations after the divorce is final. If you are
looking for a way to find a property relatively quickly,
but may not be ready to be financially independent from
your partner, the kiddie condo loan can help you achieve
those goals. This often overlooked loan program is one
that be a wonderful resource that can help simplify the
divorce process. If anything the kiddie condo loan
program can help you or your ex-partner get back on
the feet financially by providing a realistic means of
home ownership.
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008
8. T O L E A R N M O R E
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C L IC K HE R E
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9. Justin McHood is Americas Mortgage
Commentator and has been providing
Mortgage commentary for over 10 years.
Mortgage commentator
INFORMATION PROVIDED BY:
Justin McHood
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KIDDIECONDOLOANS.COM
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