![]() Through the loan process, you will be required to provide an engineering certification to confirm the home is on a permanent foundation and properly tied down. There were not standards or requirements for financing prior to 1978 so many homes were not properly installed and could potentially be unsafe for living. If you fail to do this then the bank may not find out until it is too late and you have paid for an appraisal that cannot be used.Ĭommon problems with mobile home loans are due to the condition of the home. ![]() If you have a mobile home it is recommended that you speak with your loan officer and be clear that it is not a stick built home. Many people have troubles getting their mobile home financed because most banks do not have mortgage options available. Mobile homes, sometimes called manufactured homes, may be a great home for your family however it is important to know that there are special requirements for financing. + - Problems getting your Mobile Home financed?.We will get you in the best loan available!įor more information on double wide mobile home financing programs call us at 80 or apply online today! RELATED: We now offer FHA Mobile Home Construction Loans down to a 620 Credit Score! Mobile home financing for Michigan Properties Can't find a loan for your mobile home?īefore you spend hours getting turned down from other lenders, give us a call so we can get you the help you need with your mobile home in Michigan. Unlike mobile home loans from the past, our interest rates are very low which results in low payments for you! We have programs including a 30 Year Fixed Mortgage and none of our interest rates come close to being that high. Have you been told before that all you can get is a 7-10 year loan at an interest rate in the double digits? You won't find that here. There are programs available for Double Wide Mobile Homes or even single wide mobile homes if you are on some acreage. Most banks do not have mortgage programs for Michigan mobile homes but we are different. Michigan Down Payment Assistance Program.
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