Cash-Out Loan Programs for Manufactured Homes

These programs change often, so please call to discuss the current program.

Date Cash-Out Program is active: September 13, 2011

Program Highlights:

Cash-Out Refinance up to a maximum of 70% loan to value.

Home must be on a permanent foundation, on land that is owned. Ask about a separate loan program if your mobile home is in a park, on leased land.

Generally there is a maximum of 2 acres of land with home, but we offer another program allowing up to 5 acres. Please inquire about the currently available programs.

Only occupying borrowers can qualify.

Two closed manufactured home comparable sales are required, and the comparable sales must be closed within 90 days. Comparable sales must be in close proximity to the subject property.

Location cannot be too rural, meaning, not on a dirt road, hauled water, or cisterns.

Now, you have some general guidelines about a loan program you may be interested in. This is the way to acquire more information to meet your particular financing needs:

Call Judy, mortgage loan originator, on her direct line at 909.797.1024, or write her at judy@sellenslending.com

Please make a note of the above information, if you are unable to make contact now.

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