Common for parent purchases.
FOR PARENTS
Financing a Home for Your College Student
Explore your options, understand what’s possible, and get expert guidance.
Augustana College · Rock Island, IL
What Are You Considering?
Financing Options
If you plan to rent it out.
Use your existing equity.
When the student is involved.
Talk With Heather Egger at Empeople Credit Union
Get straightforward answers for your family’s college-area financing scenario.
Co-Buying
Review ownership, occupancy, title, and borrower structure with the lender before choosing a co-buying approach.
Requirements
Income, credit, reserves, occupancy, property type, and loan program requirements vary by scenario and lender.
FAQs
Use the assigned financing professional for loan-specific guidance; the options above are educational, not a commitment to lend.