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Author Topic: manufactured home loans  (Read 5675 times)

Offline new_investor

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manufactured home loans
« on: June 16, 2006, 11:34:46 am »
Hi can a person with 625 and bankruptcy over seven years get financed for a new manufactured home?

Offline christopher w

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Re:manufactured home loans
« Reply #1 on: June 16, 2006, 11:49:48 am »
You should not have trouble finding financing. FHA should work just fine for you. What type of LTV are you looking for?
Christopher W
C-214.923.5781

Offline new_investor

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Re:manufactured home loans
« Reply #2 on: June 16, 2006, 12:02:09 pm »
they would be putting this on its own land the home when finished will appraise out to be worth between 120k-150k

They will only owe say about 80k at the most. Do you know of lenders who do this type of lending?

Offline christopher w

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Re:manufactured home loans
« Reply #3 on: June 16, 2006, 12:12:42 pm »
where are you located?
Christopher W
C-214.923.5781

Offline Central States

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Re:manufactured home loans
« Reply #4 on: June 16, 2006, 01:41:18 pm »
Thsi si something i could do. Where are you located?
Central States
Brian James
Office:800-453-1613
[email protected]
85% of the ARV ability to roll in 6 months payments also! MI ,IN, OH, WI, IL, IA, NE.

Offline new_investor

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Re:manufactured home loans
« Reply #5 on: June 16, 2006, 03:42:19 pm »
Florida

Offline christopher w

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Re:manufactured home loans
« Reply #6 on: June 17, 2006, 03:16:49 pm »
You can do this loan as a one time close. With that score you will need to go full doc unless you can put down a large down payment.
Christopher W
C-214.923.5781

Offline new_investor

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Re:manufactured home loans
« Reply #7 on: June 19, 2006, 05:49:43 am »
Chris can you recommend a company ?

Offline christopher w

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Re:manufactured home loans
« Reply #8 on: June 29, 2006, 09:43:30 am »
Investor,

I just sent you a message.

« Last Edit: June 30, 2006, 07:22:04 am by kdhastedt »
Christopher W
C-214.923.5781

Offline kdhastedt

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Re:manufactured home loans
« Reply #9 on: June 30, 2006, 07:23:00 am »

christopher w...

Please do NOT do that again.

Keith
Moderator
I have CDO...it's like OCD but in alphabetical order - the way it should be!

Offline rbaxter

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    • Denver Mortgage Lender
Re:manufactured home loans
« Reply #10 on: June 30, 2006, 07:55:42 am »
I think Indymac will do it- but every OTC company I know of will not finance a deposit if the manufactured home builder requires an up-front deposit to start the project.  That can be a stumbling block for some people as some modular or manufactured companies require up to 25% deposit up front.
RJ Baxter
Branch Manager- Fairway Independent Mortgage Corp
http://www.rjbaxter.com/

Offline christopher w

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Re:manufactured home loans
« Reply #11 on: June 30, 2006, 08:06:36 am »
sorry :(
Christopher W
C-214.923.5781

Offline kdhastedt

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Re:manufactured home loans
« Reply #12 on: June 30, 2006, 09:28:45 am »

Send them an e-mail or a PM!

Keith
I have CDO...it's like OCD but in alphabetical order - the way it should be!

 




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