One popular loan option for parents with children going to college is the FHA Kiddie Condo loan. The FHA kiddie condo loan is popular because it essentially allows parents to buy a home (note: it doesn’t have to be a condo) and have the student live in it. Heck, it even allows the student to let his or her friends live there and charge them rent! One of the requirements for the FHA … [Read more...]
The FHA Kiddie Condo Loan Program: Dorm Costs Going Up!
Is the FHA kiddie condo loan enough to make college more affordable? Well, it can possibly help a little... but man, is it ever expensive to go to college these days. Over time, the price of getting an education has went one direction - up. Everyone who has went to college knows that what it costs today to put your kids through college is quite a bit more than what it cost when you went. And … [Read more...]