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Non-owner occupied MH financing

Posted: Sun May 29, 2005 1:50 pm
by Andrew
Anyone in manufactured land that leases/rents manufactured homes on land recommend a good lender for non-owner occupied homes? I am actually a mortgage broker, but the list of lenders willing to finance is dwindling rapidly.

Thanks in advance for assistance.

Andy

Re: Non-owner occupied MH financing

Posted: Tue May 31, 2005 7:13 am
by tom driscoll
Hi, did you get any replies?? I'm looking at a purchase as investment property.

Thanks,

Tom

Re: Non-owner occupied MH financing

Posted: Thu Jun 02, 2005 6:52 pm
by David Oxhandler
Lenders do not offer residential loans for investments. Talk to your bank about what it will take to get a commercial loan

Re: Non-owner occupied MH financing

Posted: Sun Jun 05, 2005 11:19 am
by Gil Davis
One of my buyers had good luck with Origen. They are a bit fussy but seem to come through OK.