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does anybody know of a bank that will do a mortgage on a double wide?

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June 04 2013 - Town of Saugerties
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Yes we finance manufactured / mobile homes down to 600+ FICO as long as they are on permanent foundation. Contact me through my profile if I can be of assistance.
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June 04 2013
I would recommend looking on zillow for some local lenders that may specialize in manufactured homes. We do many man home loans, but we do not work in NY. Best of luck finding a lender
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June 04 2013
Guidelines will vary. Points of interest will be:

  • Square footage
  • Build date
  • Conformance with the Federal Manufactured Home Construction and Safety Standards
  • The loan usually must also cover the land that the home sits on
  • Permanent foundation
  • Location (Trailer Park, Flood Zone)
  • And of course minimum FICO score(s)
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June 04 2013
 
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does anybody know of a bank that will do a mortgage on a double wide?
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Latest answer by Ken Burrows
June 04 2013 | 3 answers
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