Manufactured home loans
Rate*:
Call for rate
(1-800-452-9515, ext.9504)
Origination: 1.0% Fee
Notes: This is one of many
programs we
offer. Please
visit us or
contact a mortgage
specialist to see if it's perfect
for you. You can also
apply
on line right now.
This program may be a great fit for you if you're planning to put a
manufactured home on land you already own. We prefer that your home be a doublewide
or larger and ten years old or newer. Even if your home doesn't fit that description,
we may have a solution for you. Contact us to
see how we might be able to help you.
Advantages:
- You'll enjoy the benefits of a fixed rate
- Work with us, a local lender, and we're always happy to talk when you need to.
Disadvantages:
- This program is not designed for homes in parks
- Down payment and equity requirements are often higher due to increased risk
- Rates may be higher than loans on "stick-built" homes.
*Annual Percentage Rate. Rates and fees
will vary depending on the terms of the loan. APR calculation is based on a
$100,000.00 loan amount, with a 1.00% loan origination fee (1.50% for manufactured
homes), at 80% Loan to Value (75% for Investment Properties) and based
on a 740 FICO score. Loan programs and rates are subject to change without notice.
Rates listed are those that are offered to consumers with "good" credit
characteristics and terms may vary based on the credit worthiness of the individual.
Rates and terms may be affected by the loan's purpose, amount financed, or by the
type of property.