With manufactured homes gaining popularity by the day, many people are keen on finding a good lender who not only understands the unique aspects of manufactured homes but has the requisite experience to help them navigate the not so calm waters of getting financing. Below is a list, in no particular order, of some of the experienced manufactured home financing lenders currently in the market space, they include but not limited to:
1) Triad Financial Services
Has over 50 years experience in the manufactured home lending arena. Loved by realtors and dealers alike for their world class professionalism and desire to provide clients with the best financing rates at all times.
Mailing Address: 4336 Pablo Oaks Ct, Jacksonville, FL 32224
Phone Numbers: (800) 522-2013
Web Address: http://www.triadfs.com/consumer-financing/
Types of Products Offered: they offer a variety of services that are custom tailored to satisfy client needs such as home only program which offers clients financing options on both new or used single and multi sectional manufactured homes, Land and Home Programs, the LandPlus program and the Park Model Program are also readily available.
2) 21st Mortgage Corporation
They are a full service lender that specializes in manufactured home loans. The company does originate and service a wide variety of loans to borrowers from mortgage brokers, manufactured home retailers to consumers all over the US.
Mailing Address: P.O.Box 477, Knoxville, TN 37901
Phone Numbers: 865-720-2120
Web Address: www.21stmortgage.com
Types of Products Offered: with a minimum loan amount of $ 20,000, the company has a variety of products lined up for clients. They offer loans such as Chattel loans, Conventional loans, mobile home refinancing, Manufactured home mortgages and Financing and manufactured home loans.
3) US Bank
The lender offers several products in the construction to permanent and construction loans arena. These loans and financing offers are designed to help clients to finance their new homes easily and conveniently.
Mailing Address: 5787 Chesapeake Ct, Suite 202, San Diego, CA 92123
Phone Numbers: 888-291-2334 or 800- 365-7772
Web Address: https://www.usbank.com/mortgage/
Types of Products Offered: The company does offer a variety of world class products such as Fixed Rate Mortgages, Adjustable Rate Mortgages, Government mortgages such as Federal Housing Administration (FHA) and Department of Veteran Affairs (VA) loans. The company also has what they call a Jumbo, an option for the client who wants to borrow more than the conforming law limit.
4) Cascade Financial Services
This company is dedicated 100% to providing affordable, flexible and easy to understand finance options for those interested in the manufactured housing field. The company has developed its own tailor made loan products that are specific to both manufactured home retailers and clients purchasing such homes.
Mailing Address: 3345 S. Val Vista Drive, Suite 300, Gilbert, AZ 85297
Phone Numbers: 1 (877)-869-7082
Web Address: http://www.cascadeloans.com/
Types of Products Offered: The company does offer a variety of services such as Construction to permanent loan, The Veteran Administration (VA) Loan for Land and Home, the FHA loans for both Land and Home and other conventional loans.
5) Country Place Mortgage
Founded in 1995, it is a direct lender with both FHA and Fannie Mae, this implies that they can be able to offer manufactured, mobile and modular home owners with some of the most competitive rates available. They have also assembled a team of loan officers who are well versed and experienced in the field of manufactured home lending.
Mailing Address: 15301 Spectrum Dr, Suite 550, Addison, TX 75001
Phone Numbers: 800-228-1828
Web Address: http://www.countryplaceloans.com/
Types of Products Offered: for those clients who don’t qualify for traditional loans, the company does offer FHA loans. They also offer Conventional loans, Construction loans, US Department of Agriculture (USDA) loans, FHA 203K Renovation Loans, Fannie Mae Harp loans, Veteran Affairs (VA) loans, Chattel loans( a personal property loan for a manufactured home that’s not permanently affixed to the land or real estate), FHA Streamline Refinance
6) U Factory Built Lending (A Division of SACU)
They are an experienced manufactured home lender that provides a variety of interesting products and services at a very affordable rate structure that’s not rigid. They also do have several regional offices ready to serve diverse clients needs all around the country. The company prides itself in having helped thousands of clients go through the ever confusing manufactured home lending process.
Mailing Address: 6061 1H-10W, San Antonio, TX 78201
Phone Numbers: 210-258-1414 or 210-258-1631 or 1-866-279-1899 or 1-800-598-9764
Web Address: http://www.cufactorybuiltlending.com/
Types of Products Offered: As one of the leading manufactured home lenders, the company does offer a variety of products and programs such as Fixed Rate Loans, Refinance options, Step rate loans and home equity.