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Who is lending for Manufactured homes today in the Virginia area?

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Icon Mini Profile lindahood2





Joined: 15 Apr 2010

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Post Posted: Thu Apr 15, 2010 5:12 am    Post subject: Who is lending for Manufactured homes today in the Virginia
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This is a 16 x 80 on 2 acres on a cinder block foundation. It is a 2004 model. I am looking for lenders that will give a conventional loan. Credit scores are 747-757.
Icon Mini Profile sara
sara
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Joined: 05 Jul 2006

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Location: New Brunswick, New Jersey
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Post Posted: Fri Apr 16, 2010 2:47 am    Post subject:
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Hi linda,

You'll have to contact Virginia based lenders in order to get a manufactured home loan. Depending upon your financial situation, your credit score, your employment history, etc., you would be able to get a mortgage. In order to get a conventional loan, you would require a score of 700-720. As you have the required score, you would be able to get the loan if you satisfy other criteria.

You can speak to the lenders of this community and seek a no obligation free mortgage consultation. This will let you know whether or not you would get a loan and what type of rates you can expect to get.

Take care.
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