How can I help a family member purchase a home without liquidating my assets or disrupting my investment strategy?
A. The Parent Power® program enables a relative to sponsor eligible securities to pledge for the mortgage applicant without having to be a co-signer of the loan. Parent Power® offers the same benefits as the Mortgage 100® program, such as no private mortgage insurance on the mortgage, and the sponsor is still able to avoid potential capital gains and trade the pledge account.
