Manufactured home mortgage lenders
Manufactured homes and modular home lender listings
• The Manufactured Home Mortgage program may allow a community bank to expand its customer base in low- and moderate-income communities. Manufactured housing is the country’s largest source of unsubsidized affordable homeownership and an opportunity for lenders to expand into new market segments. • Manufactured homes have improved significantly in quality, energy efficiency, and safety ...
[PDF File]Manufactured Home Mortgage - Federal Deposit Insurance ...
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Manufactured home built after 1976 Weststar Mortgage Kathy Volkman 817-937-5620 1701 W Northwest Hwy Ste 100 KVolkman@westloan.com Grapevine, TX 76051 Singlewides & Doublewides FHA and Conventional Loans 620 minimum FICO $50,000 minimum loan Manufactured home built after 01/01/78 Equity Prime Mortgage Sue Shelton Cell 817 368 6136
[PDF File]Standard Manufactured Housing Mortgage
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mortgage/hypothecate to us (as appropriate for the jurisdiction in which you live) the following property as security to us for the Loan Agreement: Security Pledged - Description of chattel (mobile/mini/modular home or personal property) - including year, make and serial number.
[PDF File]Scotiabank Chattel Mortgage Mobile/Modular/Mini Homes ...
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FHA mortgage insurance for HUD-approved lenders. Eligible Activities: The program insures lenders against loss on mortgage defaults. Insured mortgages may be used to finance the construction or rehabilitation of manufactured home parks. Home parks must consist of 5 or more spaces. Contractors for new construction and substantial rehabilitation ...
[PDF File]Mortgage Insurance for Manufactured Home Parks: Section 207
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a manufactured home without the land on which the home will be located. However, FHA officials explained that the purpose of the Title I Manufactured Home Loan Program (Title I)—to protect mortgage lenders against the risk of default through insurance or a guarantee—is not currently being met because the current design of the program passes the
[PDF File]Manufactured Housing Mortgage Companies
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Participating lenders should be familiar with the U.S. Department of Housing and Urban Development (HUD) codes for Manufactured Housing Construction . and Safety and the laws pertaining to the treatment of manufactured housing as real property in their states. The borrower must have fee simple ownership of the land on which the manufactured home will be located. A mortgage secured by a ...
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