If you need help buying a mobile home you ll want to secure financing. We ll guide you through the process and make it worry free to improve your interest rate and monthly payment.
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Find current rates on mobile home financing programs by completing the form below.
Mobile home financing rates. Meeting the above guidelines does not guarantee approval. We are currently financing manufactured homes in 10 states. Our simple and effective approach speeds up the entire loan process and ensures our customers get the loan that best suits their individual needs at the most competitive rates.
Terms purchase and refinance terms up to 23 years. The mobile home mortgage rates indicated above are reflective for both purchase and refinance using an amount to finance of 250 000. Use 21st mortgage s payment estimator to calculate your estimated monthly loan payment for a new or used manufactured or mobile home.
Do you live in connecticut delaware massachusetts maryland new jersey new york pennsylvania north carolina south carolina or georgia. 2019 14 min read the va home loan. Mobile homes often cost between 60 000 and 100 000 which is more than many people can afford to pay out of pocket.
For actual payment rates and terms contact 21st mortgage at 1 800 955 0021 and speak to one of our loan originators. Financing a manufactured home. As manufactured homes features and quality are starting to improve lenders are beginning to recognize that alternative housing and manufactured homes is rising in popularity because of the shortage of affordable housing in the country.
Interest rates typically range from 5 99 to 11 99 depending on overall credit quality age of home collateral type occupancy type loan amount and loan to value ratio. Call 800 238 9202 for more info. State restrictions may apply.
Do mobile home loans require mortgage insurance. Benefits requirements and rates for 2020 october 22 2020 20 min read cash out refinance. We can help you pay down your balance more quickly for a comparable monthly payment.
Many lenders across the country are expanding their financing options for manufactured homes. The refinance rates reflect 90 to 80 loan to value while purchase rates reflect a 10 to 20 down payment. California mobile home loans and manufactured home loan specialists.
Homes must be located in a park where you are paying lot rent or on land that you are leasing. If you have experienced bankruptcy foreclosure repossession charge off or judgments within the last 5 years or if your credit score is below 650 please visit our credit repair section before applying. We are one of the nation s leading manufactured home finance brokers.
Founded in 1985 first credit corporation is a licensed lender and insurance agency for mobile and manufactured homes. We specialize in mobile home loans in parks and manufactured home loans on land.
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