Sellens Real Estate Lending
Professional Real Estate Lending since 1991
MOBILE HOME ON LEASED LAND PROGRAM #3 (IN PARKS)
15% - 25% down programs available, depending on credit scores.
Borrower pays closing costs.
680 minimum FICO score
10 to 20 year loan terms, based on age of home
6.75% best rate for a perfect file.
Home must be 25 years old, or newer.
MOBILE HOME ON OWNED LAND PROGRAM #4 (HOME AND LAND)
15% - 25% Down + Closing Costs
680 minimum FICO score
10 to 20 year loan term, based on age of home
7.75% best rate for the perfect file.
Home must be 25 years old, or newer
DOES NOT REQUIRE A FOUNDATION
GENERAL INFORMATION:
Loan points generally 3% or less
No Appraisal payment required at all (best program)
Borrower must own/be buying one home only. No investment or second
homes financed.
Please contact Judy Sellens for a Good Faith Estimate.
Published 8/18/10
I would love to have this as a get-away place.