Saturday 1 June 2019

Why lenders are loosening rules for “sandwich generation” homebuyers

More Americans are opting to live in multi-generational houses. Now, lenders are working to make it easier for such family units to take out a mortgage. The housing market for decades has been dominated by “nuclear families” made up of parents and their children. That is changing, however. Today, 20 percent of Americans live in multi-generation homes, where at least two adult generations live under one roof, according to the Wall Street Journal. In 1980, […]



source https://therealdeal.com/national/2019/06/01/why-lenders-are-loosening-rules-for-sandwich-generation-homebuyer/#new_tab

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