Home Only: The Most Common, Most Efficient Loan When Financing Without Land
Home only loans, also known as chattel loans, are personal property loans made for the purchase of a manufactured home that is not permanently affixed to real estate. These loans are the most [...]
Conventional Land/Home Financing Has Benefits of Tying In Your Land Equity to Achieve Preferred Terms
Conventional land and home financing is an efficient way to finance a manufactured or modular home quickly while experiencing the benefits of tying in the land equity to achieve preferred terms. [...]
Big Advantages For Homebuyers With Land/Home Purchase Financing
Land/Home Purchase Financing is an excellent option for those who seek to buy property and a new home. Purchasing property and a new manufactured or modular home at the same time can offer buyers [...]
Veterans Administration Loans (VA Loans) Available with Zero Down Payment, But Have Unique Complicated Features
A VA Loan for a manufactured or modular home is a special type of home loan, and therefore has special rules and regulations. As a result of its uniqueness, the VA home loan program is very much [...]
FHA Financing Ideal For Those With the Ability to Pay, But May Have Had Past Credit Challenges
The U.S. Department of Housing and Urban Development (HUD), under the FHA Title 1 Program, approves lenders to make loans from their own funds to eligible borrowers to finance or refinance a [...]
Construction to Perm Loans Will Eliminate “Out of Pocket” Costs for Site Preparation and Improvements
Financing a package that utilizes land which has not been prepared for home placement means it will have to be prepaid and/or completed by the land/home purchaser prior to the home being [...]
Being Prepared to Apply for Manufactured Home Financing
If you have made the decision to purchase a manufactured home and will require financing, it is advisable to prepare the documents and information likely to be required when applying for that [...]
