IN PARK MANUFACTURED ZERO DOWN PROGRAM HIGHLIGHTS
The in park zero down, 100% financing mobile home loan program is designed for borrowers who have good credit, employment stability, past residence stability and debt capacity but have limited funds for a down payment. This program will allow these borrowers an opportunity to purchase a manufactured home despite not having a down payment or not wishing to provide a down payment.
1. Must meet current term limits based on the loan amount up to a maximum term of 240 months
2. Maximum advance of 145% of net invoice amount plus taxes, title, insurance and set up and retailer installed equipment (maximum of 20% of net invoice)
3. Only buy down points may be financed(Not to exceed 2 points)
4. Minimum credit score of 640
IN PARK MANUFACTURED ZERO DOWN PROGRAM HIGHLIGHTS
The land & home zero down, 100% financing mobile home loan program is structured different than the in-park zero down program in the sense that the loan is a construction to permanent loan. Again this loan is designed for borrowers who have good credit, employment history and debt capicity. With the land & home construction loan we use the future value of the new manufactured home as our equity position.

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