Mobile Home Financing
This includes financing for top qualifying applicants as well as a wide range of other loan programs for prospective buyers who can afford a home today but have had some credit challenges in the past.
Mobile home financing. Few real estate lenders will finance. A chattel loan is a special type of personal property loan that can be used to purchase a mobile home. These loans are designed for financing expensive vehicles like planes boats mobile homes or.
25 years for a loan on a multi section manufactured home and lot. Financing a manufactured home. As manufactured homes features and quality are starting to improve lenders are beginning to recognize that alternative housing and manufactured homes is rising in popularity because of the shortage of affordable housing in the country.
Cascade offers a range of manufactured and modular home financing options to meet the needs of all types of home buyers. One of the most common ways to finance a manufactured home is through the manufactured home dealer. The names of lenders in your area which specialize in financing manufactured homes can be obtained from local retailers.
These loans aren t as plentiful as standard home loans but they are available from several sources and government backed loan programs can make it easier to qualify and keep costs low. Many lenders across the country are expanding their financing options for manufactured homes. There are three issues that come up with buying mobile homes or financing older manufactured housing that don t usually affect traditionally built homes.
The loan is based on you not the property so the mobile home can be in poor shape or too old to finance and you could still be approved. 15 years for a manufactured home lot loan. Financing is challenging for any homeowner and that s especially true when it comes to mobile homes and some manufactured homes.
Financing a manufactured home through the dealer. In a week or less you can have. Manufactured home financing mobile home loans since 1995 mh loans has been a leading mobile home loans resource.