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Wells Fargo specializes in financing Manufactured Home Communities ("MHC"), offering various flexible lending programs to meet your needs. Our experience and dedication to this industry has made Wells Fargo a nationwide leader in MHC financing for more than 15 years.
Priority Funding. Specializes exclusively in providing Mobile and Manufactured Homes loan and insurance programs. We offer loan programs for in park homes in every state that we service.
Freddie Mac requirements for manufactured homes are designed so the mortgages purchased are originated, underwritten and serviced to help qualified borrowers buy homes they can both afford and sustain.
She took out a 20-year loan and bought a double-wide at the Patrician. There also is little payout for displaced.
How to buy a mobile home: mortgage loans for older manufactured housing. This article resulted from a question asked by one of our readers. It turns out that many other visitors also wanted to.
The home must meet the Model Manufactured Home Installation Standards. The lot where the manufactured home will be set must be designated or approved. The home must be used as a primary residence. While there are many rules for FHA modular and manufactured home loans, Cascade is an expert in making sure homes are FHA compliant.
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Mobile Home Loan Calculator. Try different interest rates and term lengths to find the right monthly payment for you. To use the Mobile Home Loan Calculator below, just enter the appropriate values into the fields below (or use the default values provided), and click the Calculate button.
The affordability calculator is calculated based on the percentage of your income spent on monthly debt. Most lenders limit how much of your monthly income can pay debt such as mortgage payments, car loans, and student debt (this is called Debt to Income ratio).
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It is our quality of service and unmatched determination that has made it possible for our clients, who never thought they could qualify for a loan, to live in their choice of a fabulous environment. We help one and all, whether buying, selling, or re-financing a manufactured home.