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Sellens Real Estate Lending

Professional Real Estate Lending since 1991

Mobile Home Lending Programs

Purchase & Refinancing Programs Available for Mobile Homes on Leased land or fee simple land you own, or purchase with the home.

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

 

Mobile Home Retreat

 

I would love to have this as a get-away place.

 

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