Hi Dianne. Very nice of you and your husband for helping your daughter and congratulations to her for the savings and this important step. As background I am about to retire after 38 years in the mortgage banking world. The best way for you to finance this home for your daughter is by taking advantage of the of the Family Opportunity option available through both FNMA and FHMLC. What this program allows is for you to purchase another home as a primary residence, for your disabled child (or elderly parent who cannot afford a home on their own) even though you may already own a primary home. This program is a standard part of agency guidelines that unfortunately very few Loan Officers know or understand. Any mortgage or bank that sells direct to the agencies should have access to this unless their company has an overlay restricting usage Hope this help
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Hi Dianne. Very nice of you and your husband for helping your daughter and congratulations to her for the savings and this important step. As background I am about to retire after 38 years in the mortgage banking world. The best way for you to finance this home for your daughter is by taking advantage of the of the Family Opportunity option available through both FNMA and FHMLC. What this program allows is for you to purchase another home as a primary residence, for your disabled child (or elderly parent who cannot afford a home on their own) even though you may already own a primary home. This program is a standard part of agency guidelines that unfortunately very few Loan Officers know or understand. Any mortgage or bank that sells direct to the agencies should have access to this unless their company has an overlay restricting usage Hope this help
Post: Best method for buying home for permanently disabled daughter (SSI and ABLE account)
Link to comment from May 13, 2026