100 financing: 100% financing on MH's is still available, who knew!
- 11/10/08 03:06 AM
I just this morning found out that VA loans on MH's are still avail. and at 100%! I really did not know this, and wondered if their are others out there like me. Also, the MH's DO NOT have to be new, and they DO NOT have to pass FHA guidelines- like many lenders will tell you. ( I've heard these 2 several times). I called the VA to confirm. They told me that if the MH was up to county or city code that is all that is required.( and that the VA appraiser doesn't find anything that concerns him/her that is) Anyway, it … (4 comments)
100 financing: FHA down payment assistance loans almost GONE.
- 08/31/08 03:08 PM
Well, time is quickly running out for the 100% financing through FHA where sellers can pay a downpayment and closing costs for the buyer. All contracts have to be completly closed before 10/1/08. You know that means we have less than a week to get a contract in progress to close before then. If you have any buyers on the fence, they better get moving quickly. If you have some prospects that have kinda fallen away, this would be a great conversation starter to get back with them. I know there are other 100% out there, but none that I know of for metro … (5 comments)
I just this morning found out that VA loans on MH's are still avail. and at 100%! I really did not know this, and wondered if their are others out there like me. Also, the MH's DO NOT have to be new, and they DO NOT have to pass FHA guidelines- like many lenders will tell you. ( I've heard these 2 several times).;)
;)
