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Mobile Home Loans are getting TRICKY

One of the largest lenders in the FHA/VA loan arena for manufactured homes has shut down for good. Now, there are just a couple of lenders left and they won't touch single wide manufactured homes. Luckily, there are non-conforming lenders and regional banks that will lend on single wides with a minimum 20% down payment. The market is definitely getting tricky, but if you know a pro like me, you'll get your loan closed.

If you need a manufactured home loan in Florida, please give me a call at 863-604-0169

Posted by Randall Schrader on 09/14/2009 01:58 PM

Comments (3)

Loans for Mobile Homes in the Mortgage / Finance Channel

double wide, single wide, singlewide, fha, va, manufactured home, mobile home

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3 Comments on Mobile Home Loans are getting TRICKY

SEP

Good to know. I can't do them but if I get any business I will swing them your way.

Good luck

Tony

Gorgeous.....very, very, very cool......see what you can do.

Definitely. Had one under contract and ready to go when TBW imploded. That deal ended up dying as noone else would do the FHA on it. Sadly, these are often great and super affordable homes, but the people most in need of affordability usually don't have 20% down.

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