Manufactured home loans California – California Mobile home loan Financing
Manufactured Home Loans California (Financing)
Buying or purchasing a manufactured, mobile or modular home in California is an smart decision. Congrats! If you are looking to purchase a home in California, buying a manufactured mobile home is a wonderful affordable option to call home, and may be profitable but don’t expect it. Buying manufactured homes are great for first time or retirement home buyers, and anyone looking for affordable housing.
Some of benefits of purchasing a manufactured home include but not limited to: It’s easier to move a mobile home than a traditional home. If you every decide to move, you can move it. Payments often are more affordable. Since mobile homes are cheaper than traditional homes (please note: park is rent space fees), you can own the home in a much less span of time. A manufactured (or mobile) home can be quite nice. Many manufactured homes are built strong.
If you are buying a home for the first time or if you are investing , our lenders can help you purchase at the lowest rate possible. If you are refinancing your mobile home loan, we can help.
Buying a mobile home loan can be a stressful undertaking, but in the end it’s often quite fulfilling. Stress may come with purchasing a manufactured home, your loan guide can walk you through each step of the process.
Refinance a Manufactured Home Loan in California
Looking to lower your interest rate and/or monthly payment on your mobile home loan in California? Or, you thinking you may want to cash out? You can get all your questions answered. You may want to pay down your loan balance or pay your loan off quicker.
The next step
Please look around our website to learn more about us and how we can help you with your manufactured mobile home loans in California.
Loan Details (manufactured home loans California)
Pre-Qualification is Free – There is no cost for this and you will immediately know how much mobile home you can afford. You will know if you meet one of our Lenders criteria*.
Gifted-Down Payments – from family members are acceptable in order to help you with your purchase as long as your total down payment consists of at least 3% of your own funds.*
Interest Rates – Historic Lows! California interest rates can vary depending on credit scores, year of manufactured home, etc.*
Prepayment Penalty – No
All loans are “Full Documentation” – Income, Assets need to be VERIFIED.
Closing Costs – in order to assist you with your purchase, some closing costs, can be financed into your loan, depending on the Lender.*
Purchase – Up to 95% of the selling price with as little as 5% down. Your credit and loan affordability will determine your required down payment.*
Loan Terms – Up to 25 years.*
Both Fixed Rates and Variable Rates are available.
Refinancing – Up to 90% of your mobile home’s value. Debt Consolidation and Home Improvement loans are available*.
*Subject to Lenders Final Decision
Manufactured home loans California