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Where do you get Mobile Home Financing?

By
Real Estate Agent with Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team 93383

 

Hi All,

Need your help desperately.  I have a strong buyer who wants to buy a Manufactured home on 12 Acres of land and I am having a hard time getting a lender to loan him the money.  Do you have any experience in a situation like this.  He is a young, first time buyer who is a very hard worker and can certainly make the payment.

BBandT are a possibility but I have also heard of a USAA.  I do not have any knowledge of it. 

So help if you can,

Ginger Harper of Southport NC~Coldwell Banker SEa Coast realty.

800-346-7671

gingerharper@seacoastrealty.com

Jenna Dixon
Momentum Real Estate Group LLC - Marietta, GA
55 & Over | New Constructions | Horse Farms

That's a tough one.  FHA will guarantee it but it's hard to find a lender that will take it, same for USDA.  I would try a smaller local bank/community bank or even a credit union.  If it's on a permanent foundation, that's an important factor.

Oct 20, 2015 11:11 AM
Doyle Davison
Hawaiian Beaches Hawaii - 714-968-6767 - Huntington Beach, CA
30 years as your Concierge services listing broker

here is an interesting link GingerHUD Mobile homes and land

Oct 20, 2015 11:13 AM