Buying a home for your disabled adult child can be an expensive journey. Most of the time you will be looking at borrowing money as if you were purchasing a rental property. The extra insurance costs, plus high down payment, and the higher interest rate on the mortgage can turn many people away from this transaction.

Thankfully, the Family Opportunity Loan offered by Fannie Mae can remove most of those hurdles.

Some guidelines and rules must be met to qualify for this specific kind of mortgage. But for the right people, this loan can save the homeowners thousands of dollars in multiple ways.

If you or someone you know has an adult child with special needs that could potentially live on their own, you owe it to yourself to check into the Family Opportunity Loan.