Manufactured Home Financing

Introduction Source: Bank of America – The purpose of this article is to explore Bank of America’s manufactured home/mobile home financing options, including types of loans available, eligibility [...]

Source: MPA (Mortgage Professionals America)  – Mike Fawaz has been tapped as executive VP, leading the arm of Rocket Mortgage that serves mortgage brokers and correspondent lenders. In [...]

When applying for financing to purchase a manufactured home, a lender will consider your debt-to-income ratio and other stability factors such as length of employment, how long you have lived at [...]

Expansion of federal loan programs could boost access to this path to homeownership. (Source:  PEW Article by Linlin Liang, Richard Siegel & Adam Staveski)  –  Data report compares the [...]

Lending Tree study compares the affordability of mobile homes* and manufactured homes to single-family houses. For homebuyers looking to buy single-family properties, alternatives to traditional [...]

Features Low Down Payment, Low-Interest Rate, Flexible Underwriting, Promoting Home Ownership in A Highly Competitive Market. Source: Advisor News  –  Capital Home Mortgage team powered by [...]

As the standards for design, construction, and installation of manufactured homes evolved, so have the construction materials and methods. These have improved the interior and exterior appearance [...]

(The following contains excerpts from a July 07, 2022 narrative by National Mortgage News) Housing advocates have long pushed for government-sponsored enterprises Fannie Mae and Freddie Mac to [...]

(The following contains excerpts from a Feb 8,2022 online Bankrate article by Jeff Ostrowski, titled  “As affordability squeeze tightens, manufactured homes could offer some relief.”   Amid [...]

(SOURCE: MHI) – In a productive meeting with Sandra Thompson, the Acting Director of the Federal Housing Finance Agency (FHFA) last week, MHI discussed its recommendations to ensure that [...]