Frequently Asked Questions

Question: Can you lend on homes that were built before 1976?

Answer: Yes! We  are able to loan on homes going back to 1970.

Question: How long does it take to get pre-qualification?

Answer: We can issue a pre-qualification within 24 hours of receiving your loan package,

Question: How long does it take to get a full approval?

Answer: 48 hours

Question: How much do I have to put down?

Answer: With a qualified property and loan approval we can finance your new home with as little as 5% down.

Question: What is your minimum Credit Score?

Answer: We require a 660 mid Fico Score.

Question: Are Manufactured home loans in rental communities the same as conventional mortgages?

Answer: No, they are considered chattel and will have terms between 5 and 20 years.

Question: How long does it take to obtain this type of loan?

Answer: We can close within a standard 30 day escrow.

 

Do you have a question we have not answered? Give us a call at 619-295-8800.