Post ID 19868

Financing Modular, Manufactured, Cellphone and RTM Homes

Factors for funding

Financing factory-built houses is dependent upon a wide range of factors, most abundant in essential being whether you’re situating your house on land you possess, or land you rent such as for instance in a Land Lease Community (a.k.a. Mobile house park). When you have or will have the land, there are numerous mortgage that is competitive options. The lending options are fewer, generally more expensive for leased land. We currently have NO lending options available if you are looking for a loan for a manufactured/mobile home on a rented/leased lot, sorry to say but – as mortgage brokers. For owned-lot financing, please keep reading.

Your funding choices is determined by: