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Single wide financing?

The government programs allow for single wide financing, but there are no banks that are buying into this type of financing today. If you need financing on a single wide, you'll only be able to borrow to 80% of the value. Older homes may be less.

I'm guessing the statistics on single wide loan foreclosures were off the charts compared to other property types. This drove all the ailing banks to steer clear - even with the government insurance on the loan.

Posted by Rebecca Schrader on 05/01/2009 10:47 AM

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Single Wide Financing in the Home Buying Channel

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Rebecca Schrader

Winter Haven, FL

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Rebecca @ Schrader Inc. - Mobile Home Financing Specialists

Address: 35934 Hwy 27, Haines City, FL, 33844

Office Phone: (863) 604-0169

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