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what if i find a mnaufactured home on a rented lot will that qualify

by greywolf959 from Hayden, Idaho. Sep 16th 2015 Reply


Richard Airey (richardairey)
#3 ranked lender in Maine - 662 contributions

It will not qualify for conventional financing. You should contact the manager of the park and ask for lenders that specialize in manufactured home financing.

Sep 16th 2015
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,788 contributions

In order to get a "Real Estate" loan, you must be buying "Real" property.. A MFH on a rented lot is not considered "Real Property" so you would need to get a mobile home loan.. typically, the places that sell those types of homes also have lenders they can refer you too. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Sep 16th 2015
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Kerry Greenwald (kerry@creeksidem.com)
#2 ranked lender in Washington - 15 contributions

We can do manufactured but must have it's own lot Creekside Mortgage Inc 800.920.5420

Sep 16th 2015
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,439 contributions

All your traditional loans frown on manufactured homes in parks... On your own property you'll have better luck. Search the internet for mobile home lenders in parks. Good luck.

Sep 16th 2015
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Jamie Lynne (nationwidelenderforyou)
#142 ranked lender in Texas - 575 contributions

You will need to look for a chattel loan, if you are looking at buying a property and putting it on a rented lot or doing a space rent.

Sep 16th 2015
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