What lenders (banks) will finance Manufactured Homes?

jayboltz

Anyone know any lenders (banks) that will finance Manufactured Homes in North or South Carolina ?

I know of US Bank, Taylor, Bean & Whitaker and Flagstar, any others?

livinginnky · Posted: Thu Oct 25, 2007 4:54 pm Post subject:

Most conforming lenders will, their just gonna stip you to death with little details. Must be on permanent foundation, low LTV, excellent credit, etc. I am not a manufactured expert by any means, I gave up on that a long time ago.

Maybe someone will come along with some additional information.

Samantha

Hi Jayboltz,

Manufactured homes are financed by specialized group of lenders but to obtain financing you need to have permanent foundation.

Regarding Flagstar, we do have a community member, Eugene associated with the bank. So, you can send him a pm, may be he'll be able to help you.

You can also find out lenders in our community who can help you out with such loans. For that you need to send in your request for mortgage quotes along with a few other details. As soon as your request reaches the community, it will forward it to lenders and they shall contact you in case they can offer you such a loan.

If you can give me some more details as to your credit condition and financial situation, it will be easier for me to give you any related suggestions. And, if you have further queries, please do not hesitate to ask.

Hope this helps...

God bless you.

Samantha.

banker0679 · Posted: Thu Nov 15, 2007 6:03 pm Post subject:

Hi jay...you sound like a Loan Officer.

Taylor Bean is the only lender i use for Manufactured homes....they have no price hits for loan amounts, manual underwriting or manufactured home

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