# Family Opportunity Mortgage Guide > BuyHomeForParents.com is the definitive guide to the Family Opportunity Mortgage — a Fannie Mae occupancy classification (Selling Guide B2-1.1-01) that lets you buy a home for elderly parents or disabled adult children at owner-occupied rates with as little as 5% down, even though you will not live in the property. ## Core Pages - [Home](https://buyhomeforparents.com/): Overview of the Family Opportunity Mortgage and how it helps families buy homes for aging parents. - [What Is the Family Opportunity Mortgage?](https://buyhomeforparents.com/what-is-family-opportunity-mortgage): Complete explanation of the Fannie Mae occupancy classification, two qualifying scenarios, and how it differs from investment property loans. - [Savings Calculator](https://buyhomeforparents.com/calculator): Interactive tool comparing Family Opportunity Mortgage costs to investment property loans and assisted living, with state-specific data. ## Who Qualifies - [Requirements](https://buyhomeforparents.com/requirements): Credit score (620+), down payment (5%), DTI ratio (45-50%), and documentation requirements for borrowers and family members. - [FAQ](https://buyhomeforparents.com/faq): 48 frequently asked questions covering eligibility, process, costs, and requirements. ## Compare Options - [Family Opportunity vs Investment Property](https://buyhomeforparents.com/compare/family-opportunity-vs-investment-property): Side-by-side comparison of down payment, interest rates, PMI, and total cost differences. - [Family Opportunity vs Second Home](https://buyhomeforparents.com/compare/family-opportunity-vs-second-home): Key differences in occupancy rules, distance requirements, and qualification criteria. - [Family Opportunity vs FHA](https://buyhomeforparents.com/compare/family-opportunity-vs-fha): Why FHA loans require owner-occupancy and how the Family Opportunity Mortgage solves that. - [Family Opportunity vs Co-Signing](https://buyhomeforparents.com/compare/family-opportunity-vs-co-signing): Pros and cons of co-signing vs. buying independently under this program. ## Pillar Guides - [Complete Guide to Buying a Home for Your Parents](https://buyhomeforparents.com/guides/buying-home-for-parents): Comprehensive guide covering all financing options, tax implications, and step-by-step process. - [Housing Options for Aging Parents](https://buyhomeforparents.com/guides/housing-options-aging-parents): Comparison of all housing alternatives from assisted living to Family Opportunity Mortgage. ## Blog - [Can You Buy Your Parents a House? Everything You Need to Know](https://buyhomeforparents.com/blog/can-you-buy-parents-a-house): Yes, you can buy a house for your parents. Learn about the Family Opportunity Mortgage, financing options, tax implications, and step-by-step process for buying a home for elderly parents. - [Alternatives to Nursing Homes: How to Keep Your Parents in Their Own Home](https://buyhomeforparents.com/blog/alternatives-to-nursing-homes): Explore alternatives to nursing homes and assisted living for elderly parents. Learn how buying a home with the Family Opportunity Mortgage can provide independence at lower cost. - [Family Opportunity Mortgage Rates in 2026: What to Expect](https://buyhomeforparents.com/blog/family-opportunity-mortgage-rates-2026): Current Family Opportunity Mortgage interest rates for 2026. Compare rates to investment property loans and learn how to get the best rate when buying a home for your parents. - [How Much Does It Cost to House an Elderly Parent? Complete Breakdown](https://buyhomeforparents.com/blog/cost-to-house-elderly-parent): A complete cost breakdown of housing options for elderly parents: assisted living vs. nursing homes vs. buying a home with Family Opportunity Mortgage. See real numbers and make an informed decision. - [Tax Implications of Buying a House for Your Parents: What You Need to Know](https://buyhomeforparents.com/blog/tax-implications-buying-house-for-parents): Understand the tax implications when buying a home for elderly parents using the Family Opportunity Mortgage. Learn about deductions, gift tax rules, and how to structure the purchase wisely. - [Moving Parents Closer: A Complete Housing and Relocation Guide](https://buyhomeforparents.com/blog/moving-parents-closer-housing-guide): Planning to move elderly parents closer to you? This complete guide covers housing options, the Family Opportunity Mortgage, emotional considerations, and step-by-step relocation planning. - [Family Opportunity Mortgage for Multi-Unit Properties: A Rental Income Strategy](https://buyhomeforparents.com/blog/multi-unit-family-opportunity-mortgage): Learn how to use the Family Opportunity Mortgage to buy a duplex, triplex, or fourplex for your parents while generating rental income to offset your costs. - [Can My Parents Live in a House I Own? Legal & Mortgage Guide](https://buyhomeforparents.com/blog/can-my-parents-live-in-a-house-i-own): Learn whether your parents can live in a house you own, including occupancy rules, mortgage implications, insurance considerations, and how the Family Opportunity Mortgage simplifies everything. - [What to Do When Your Elderly Parent Can't Afford Rent](https://buyhomeforparents.com/blog/what-to-do-when-elderly-parent-cant-afford-rent): Practical options when your elderly parent faces rising rent on a fixed income, from immediate assistance programs to the long-term solution of buying a home with the Family Opportunity Mortgage. - [The Cheapest Way to House Elderly Parents in 2026](https://buyhomeforparents.com/blog/cheapest-way-to-house-elderly-parents): A cost-focused comparison of every housing option for elderly parents, ranked from least to most expensive. Includes monthly cost estimates for ADU conversion, move-in, shared housing, Family Opportunity Mortgage, renting, and assisted living. - [How to Buy a House for Parents with Bad Credit: A Step-by-Step Guide](https://buyhomeforparents.com/blog/how-to-buy-house-for-parents-with-bad-credit): Your parents have bad credit but need a home. Learn why their credit score does not matter with the Family Opportunity Mortgage, what YOUR credit needs look like, and step-by-step how to make it happen. - [Can I Buy a Second Home for My Parents? Here's How](https://buyhomeforparents.com/blog/can-i-buy-second-home-for-parents): Learn why buying a home for your parents is not a 'second home' loan and how the Family Opportunity Mortgage gives you better rates, lower down payments, and no distance requirements. - [Why Loan Officers Are Leaving $1.75M on the Table](https://buyhomeforparents.com/blog/loan-officers-missing-family-opportunity-mortgage): The Family Opportunity Mortgage is a massive untapped revenue opportunity for loan officers. Learn how adding just 5 FOM deals per year at $350K average means $1.75M in new loan volume. - [Family Opportunity Mortgage Underwriting: What Loan Officers Need to Know](https://buyhomeforparents.com/blog/family-opportunity-mortgage-underwriting-guide): A comprehensive underwriting guide for loan officers processing Family Opportunity Mortgages, covering Fannie Mae guidelines, documentation requirements, occupancy classification, and common pitfalls. - [How Real Estate Agents Can Market to Adult Children of Aging Parents](https://buyhomeforparents.com/blog/real-estate-agents-marketing-adult-children-aging-parents): Marketing strategies for real estate agents to reach the growing demographic of adult children seeking housing for aging parents. Learn where to find these clients, messaging that works, and how to partner with FOM lenders. ## For Professionals - [Find a Lender](https://buyhomeforparents.com/find-a-lender): Directory of lenders experienced with Family Opportunity Mortgages. - [Training](https://buyhomeforparents.com/training): Educational modules for loan officers and real estate agents on the Family Opportunity Mortgage program. ## State Loan Limits - [Loan Limits by State](https://buyhomeforparents.com/states): 2026 conforming loan limits for all 50 states, including high-cost area exceptions. ## How to Apply - [How to Apply](https://buyhomeforparents.com/how-to-apply): Step-by-step application guide covering lender selection, documentation, pre-approval, home search, and closing. ## Legal - [Terms of Service](https://buyhomeforparents.com/terms): Website terms and conditions. - [Privacy Policy](https://buyhomeforparents.com/privacy): Data collection and privacy practices. ## About BuyHomeForParents.com is an independent educational resource. We are not a lender. Content is for informational purposes only and does not constitute financial or legal advice. Always consult a licensed mortgage professional for guidance specific to your situation.