News & Tips

We are now able to support ITIN mobile home buyers. We can now offer ITIN buyers our standard set of solutions for Manuf home purchases. 5% down, 25 year term options are available. Buyers are still going to have to…

Lenders for Manufactured/Mobile home financing don’t use automated tools to analyze your credit report like traditional mortgage lenders. Manufactured home lenders look at these reports manually and with their own subjective guidelines. Just what are they looking for in this…

How do you know if your ready to buy? Here are a few questions that can help you in your preparation. Do you have a monthly housing expense budget? This means sitting down reviewing your current income, identifying your current…

December is the time of year when families and friends give gifts to each other. It’s a great tradition, who doesn’t love another ugly Christmas sweater? If you are planning to purchase a home but are “saving” for the down…

The various terms can be confusing. Here are some basic definitions to help you out. Mobile Homes (also known as trailers) are homes on wheels built prior to 1976. During the 1950’s the industry upgrade the image from trailers to…

Yes you can finanance a manufacured home as a second home. There are a few things to consider that are unique to mobile/manufactured home 2nd home financing: Occupancy/Park Approval: Some people purchase a 2nd home thinking they can rent it…

We see this come up regularly. Do I pay DMV vehicle license fee or local property taxes? To answer that question we need to go to the source for California, the Board of Equalization. From their website VOE.CA.GOV A manufactured…

Veterans deserve some life long benefits for having served in the defense of our country. One of those benefits is the VA home loan program. Great program that allows for 100% financing at great interest rates. And yes we offer…

The process of getting pre-approved for a mobile home is a bit more streamlined than a conventional loan pre-approval. The three areas of investigation remain the same: Income, Credit and Assets. Income. Lenders want to verify you have sufficient income…

What’s the difference between pre-qualification and pre-approval? In general a pre-qualification is the first step and is normally sufficient to make an offer on a home. A pre-approval is the next step which includes an underwriter reviewing and providing a…