Buying A House For A Relative To Live In May 2026

: This is a specialized conventional loan option that allows you to buy a home for an elderly parent or a disabled adult child who cannot qualify for a mortgage on their own.

: Usually requires a higher down payment (often 15–25%) and carries higher interest rates. buying a house for a relative to live in

: You can find these options through major lenders like SoFi or FNBO . : This is a specialized conventional loan option

: You get the same favorable interest rates and low down payment requirements (as low as 5%) as a primary residence, even though you won’t live there. even though you won’t live there.