If anyone in mortgage is reading this, I know it's harder getting a loan for a used manufactured than a new. I just want the information. Thanks!
2007-01-19 05:33:38 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
The information that you are looking for is on the website listed below.
2007-01-19 05:40:47 · answer #1 · answered by D S 4 · 0⤊ 0⤋
Manufactured housing that is more than 5 years old is very hard to finance. Many (most?) lenders have left the business as it proved too risky or unprofitable.
The link below is a forum of active MH investors. They will have the latest info on lenders who might be still doing business in this sector. Be specific with your question. The age of the MH, the state (or location within a state) as some lenders are very specific or very local.
There is no cost to use the website. Make mention of the fact that you are not an investor so do not have the traditional investor background.
2007-01-20 07:27:47 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Hi!
I can help you out, I am a Loan Specialist and I work with a lender that specializes in Home Loans for manufactured homes.
Feel free to contact me.
Linda Munoz
Loan Specialist
www.lindamunoz.net
2007-01-20 20:57:59 · answer #3 · answered by Yay Linda! 2 · 0⤊ 0⤋