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Who can finance a Manufactured/Mobil home?

by smgmz505910 from Napa, California. 18 days ago Reply


Simplified Mortgage

18 days ago
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Larry Gray (lgray_312_247)
#3 ranked lender in California - 1,122 contributions

If the home has a permanent foundation and manufactured after 1976 we finance manufactured homes. So if you are paying property taxes there is a good chance of qualifying at among the lowest rates for any single family residence.If it is truly mobile and not with a permanent foundation then you need special financing not available thru the two primary investors in conforming and super conforming home loans, Fannie Mae and Freddie mac, and others. I would be happy to address any other questions you have and can be reached thru my profile.

17 days ago
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,683 contributions

More info needed, but in general, manufactured home financing, although tough to find, it's not impossible. .this is in reference to MFH's which have been architecturally attached or "Real Property".. basically, it must be on a permanent foundation and an "Affidavit of affixture" must have been filed with the county recorders.. otherwise, it's title as a motor vehicle, not real estate. I have several sources for MFH's in CA.. i'd be happy to look closer at your scenario and advise you. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

17 days ago
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