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Most of the properties that fit my need and financial situation are manufactured homes. Who in SC will lend for Manu. Home?

by stanfordfunnyfarm660 from , South Carolina. Aug 28th 2013 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

I think your up for a surprise.. the MFH price might be within your price range, however most lenders that do MFH loans will usually charge a higher than market rate and their down payment requirements will be higher. I will give you one piece of very good advice.. if you can avoid buying a MFH, then do it.. There's a reason why there are so few lenders doing them and for those that do, there's a reason they want you to put more down payment and charge you a higher rate.. MFH are the first property types to go down in value when the market turns bad, and they are the last to appreciate in value in a good market.. The very reason why lenders do like these loans should be the very reason you should avoid buying one.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Aug 28th 2013
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Bob Schildt (bobschildt)
#42 ranked lender in South Carolina - 18 contributions

Good morning. I'm a Lender located in North Myrtle Beach, SC. We are able to do mortgages on Manufactured Homes. Please contact me at (843) 272-0442 or (843) 685-1685. We can discuss your situation and go over the options...... Bob

Aug 28th 2013
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Ken Burrows (mortgagesforamerica)
#19 ranked lender in Nevada - 572 contributions

We specialize in Manufactured/Mobile home financing. You can view our guidelines at www.MortgagesforAmerica.org under our Manufactured / Mobile section. Feel free to contact me anytime to go over your options. P: 888-320-7888 - Ken@MortgagesforAmerica.org - Ken Burrows

Aug 28th 2013
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