One Close Manufactured Home Construction Loans/ Construction To Permanent Loan... No Money Down.
The value of a manufactured home on land or in a Park is greater than ever before. With the quality and selection of today's manufactured home construction, home buyers are creating their dream homes on land and in parks every day. If you own your land and want to buy a manufactured home or if you want to buy land and have a manufactured home built for your new property or just simply want to put a new manufactured home into a park, talk to ValueLoans.com first. We understand what you want to accomplish and we know how to make it work for you.
If you own your land and want to buy a manufactured home, in most cases you can use your land equity in lieu of a down payment to purchase a new factory manufactured home. If your buying a new manufactured home to put in a park and your credit is good we can qualify you for 100% financing. You can also move the current manufactured home you own to land you own or are buying. With most loans, you can close one time and wrap the construction and permanent loan into a single program that you can easily understand and manage. If you want to simultaneously purchase land and a home, we can help you with that too. Simply put, we appraise your new home while it's still in the planning stage. We work with you and your General Contractor to determine the costs of the entire project. Once your project is approved, we work with your retailer and your contractor directly to insure you have a new home when you are ready for to move in.
We offer construction terms up to 6 months. In many cases, we can set up reserve accounts for construction interest and cost overruns so that no cash is required during the construction period. If you choose not to set up an interest reserve account, you only pay 1% of the outstanding balance of your construction line each month. Once your new home is near completion, we lock in the rate on your on permanent loan and you begin your mortgage without a second closing. We can even offer One Time construction loans with FHA loans.
Manufactured Home Construction, Lot & Improvements Loans
Important Information about Manufactured Housing Finance
How do I lock in Rates and Fees for my Permanent Loan? Borrowers may lock in the terms of their permanent loan anytime within six months of the completion of construction.
How Long will it Take to get this done?
If we are able to get the following information
2 Loans...1 closing
Less Cost...Less Hassle
We Can Get You Off the Ground.
Because Construction to Permanent Loans are often considered Refinances, the need for a down payment is usually eliminated. Both fixed rates and adjustable-rate mortgages (ARMs) are available.
Loans are treated as refinances only if the customer has owned the land for more than a year; otherwise, the loan is treated as a purchase.
We are Your One Stop Source.
ValueLoans.com is your one stop institution for all your construction needs, and we handle the Construction and Permanent financing. This feature allows greater flexibility, personalized service, and quick closings.
Our methods work for you. We obtain the Loan-to-Value ratio, or LTV, by using the appraised value of the property. You only pay interest during the construction phase.
Bringing Value Back To Manufactured Lending!
877-VALUE69 / 310-534-2041
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Or visit our parent and sister companies
LoanJunction.com MobileHomeLoan.biz USAParkLoans.com
The Manufactured Lending Where Mobile Home Loans are Focusing On America's In Park
Pioneer Who Began It All. Our Only Business! Manufactured Home Financing!
The internet one stop shop for all that The Name Says It All. Nothing But Great
is Manufactured Finance & Refinance. Manufactured Home Loans Nationwide.
BadCreditJunction.com EZMobileHomeLoan.com NewHomeJunction.com
Offering 2nd chance mobile home America's easiest mobile home Providing new manufactured factory
loans to troubled credit borrowers loans...guaranteed! homes and realtor listing services.
When it comes to mobile homes and Offering low rate & low fee
mobile home loans we won't be beat. loans on moveable property.
Quick is the way we process our chattel loans. Close your in park loan in as little as 7 days
Ask about our on time loan guarantee. upon receipt of all your paperwork.