I generally work with 2 lenders (1st National and Wells Fargo Bank). Both are Brokers, which means they sell their loans to the secondary market and have a wide variety of loan programs and interest rates.

            There are loans which fit a "parent" borrower, including a "second home" loan. And, there are a wide variety of interest rates and downpayments available depending on a borrower's individual circumstnces.

            First National Bank, is backed by a Bank Lending Institution which can make loans through the Bank to fit individual borrowers, if necessary. This may help borrowers who may not meet the standard criteria for a real estate loan.

            If you have any questions, please call John Arnold at 1st National or Karen Woolhiser at Wells Fargo - they will be happy to help.