Mobile homes give you the stability and comfort of a traditional home at a lower price. There is a catch, though. Financing a mobile home can be more challenging than taking out a regular mortgage.
That’s why we have brought you our specialized financing options for in-park mobile home loans. These loans offer flexible terms and competitive rates, making homeownership more accessible and affordable. Whether you’re buying or refinancing, our tailored solutions ensure a seamless financing process.
In-Park Mobile Home Loans
Mobile homes give you the stability and comfort of a traditional home at a lower price. There is a catch, though. Financing a mobile home can be more challenging than taking out a regular mortgage.
That’s why we have brought you our specialized financing options for in-park mobile home loans. These loans offer flexible terms and competitive rates, making homeownership more accessible and affordable. Whether you’re buying or refinancing, our tailored solutions ensure a seamless financing process.
The steps to secure a mobile home financing differ quite a bit depending on the property. Nonetheless, here is a list of the eligibility criteria for securing a mobile home loan.
Mobile Home Loan Program/Eligibility
The steps to secure a mobile home financing differ quite a bit depending on the property. Nonetheless, here is a list of the eligibility criteria for securing a mobile home loan.
Secure financing to purchase or refinance a mobile home park with our customized loan solutions.
We offer the best mobile home refinance, whether you own a mobile, manufactured, or modular home.
Financing a manufactured home can be challenging, but we simplify it with our inclusive loan options.
FHA Title I and 203(b) loans are available. Title I loans come with terms of 25 and 30 years, allowing down payments as low as 3.5%
VA loans can be used to purchase mobile homes; home and a lot; refinance a loan for a home and purchase a lot for it; and refinance a VA loan for a mobile home and a lot.
Conventional loans are available as Fannie Mae and Freddie Mac with terms of up to 30 years for both options.
Scott was so helpful and attentive throughout the entire process of buying this property.Also, his knowledge of the local area was excellent which really helped us with our decisions.
I would like to thank you for you very helpful and outstanding service to me and my husband. You are very knowledgeable, kind and had done a great job overall. I would like to recommend ALT finance to anyone who requires a mortgage.
Testimonials
Scott was so helpful and attentive throughout the entire process of buying this property.Also, his knowledge of the local area was excellent which really helped us with our decisions.
I would like to thank you for you very helpful and outstanding service to me and my husband. You are very knowledgeable, kind and had done a great job overall. I would like to recommend ALT finance to anyone who requires a mortgage.
Scott has displayed professionalism, knowledge, experience, quick response, and a no nonsense approach to the complexities that are todays RE market. Working hand in hand with all principals in a challenging transaction Scott was the rudder that kept the ship straight ahead.
Eligibility typically depends on factors such as credit score, income, and the type of mobile home. We work with different lenders to find the best loan options for your specific situation.
Yes, we offer specialized loans for mobile homes in parks, known as in-park mobile home loans. These loans are designed to provide affordable and accessible financing options for mobile homes within established communities.
Mobile home financing provides a cost-effective way to secure home ownership with flexible terms and competitive rates. It’s an ideal option for those looking to own a home without the high costs associated with traditional site-built homes.
We offer tailored loans for purchasing or refinancing mobile home parks, suitable for park owners and investors. These loans come with competitive rates and flexible terms to support your financial goals.