Much more info needed to answer your question, but in general, Mobile homes will always have higher interest rates than single family homes.. Also, lenders will sometimes require larger down payment or lower loan to value's when doing MFH's.. But to tell you what rate YOU would qualify for requires much more info.. and in all reality, it would be incompetent and unethical for any loan officer to quote you without looking at your complete loan scenario.. What are you credit scores of all 3 major bureaus? Higher scores get better pricing.. What's the loan amount? Larger loans get lower rates.. How much are you putting down? Larger down payment and lower loan to value's get better pricing.. How long do you want to finance for 15yr, 20yr, 30yr? Shorter terms get better rates.. Are you looking at fixed rates or ARM rates? ARM rates will always be lower than fixed.. I could go on, but you get it by now.. if you really want to know exactly what you qualify for, then you should contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347
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