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construction/bridge financing

Posted: Sun Aug 07, 2005 9:15 pm
by barbara
I am have trble finding an "interim lender" for purchase
of land and manufact home and property improv . Is there
any out there that covers the 50 states that will work with original lender
who is using the rural program? Any info would be great......

Re: construction/bridge financing

Posted: Tue Aug 09, 2005 6:40 am
by rmurray
Any dealer worth his aslt ahould have info for you....Ask your loan originator if they have any relasionship with Yorktown mortgage..they are national and specialize in construction loans...

They are a bit pricey..but they will do the job...check them out here....

http://yorktownfunding.com/

Re: construction/bridge financing

Posted: Tue Aug 09, 2005 12:39 pm
by barbara
Thanks rmurrray, i will e-mail back if it happens.

Re: construction/bridge financing

Posted: Wed Aug 10, 2005 1:05 pm
by barbara
Well, i called yorktown funding and they are not licensed
in Massachusetts. Any other suggestions, i would like to get
this settled first before i see any dealers.

Re: construction/bridge financing

Posted: Thu Aug 11, 2005 8:46 pm
by David Oxhandler
There are several lenders you can contact using one form submission. Let the manufactured housing lenders compete for your business. You get to choose from multiple quotes when you use the MH LOANFINDER SERVICE, They are a mortgage information referral service that accepts requests regardless of credit history. You may request information for any type of manufactured home finance. Their goal is to provide you with information to make an informed decision for your financial future. you'll save time and money. You will discover which participating lenders offer the best programs to meet your needs. There is No Obligation. No Initial Credit Check and the Expected time to complete the easy form is only 4 minutes. You have nothing to loose and if you can find it any place this is where you will find the financing your searching for. Take the time and Jump to the LOANFINDER and fill out their short form NOW!

Re: construction/bridge financing

Posted: Fri Aug 12, 2005 8:59 pm
by rmurray
Your dealer has no advice??????...Have you talked to your local banks...

Re: construction/bridge financing

Posted: Mon Aug 15, 2005 5:35 pm
by Wally Dickey
How do I get info on Yorktown Mortgage?
Do you know any other "Interim Lenders" /
I am in Texas.
Thanks
Wally

Re: construction/bridge financing

Posted: Tue Aug 16, 2005 4:31 am
by Phil
You are better off to pursue a Lender that provides both the Construction (interim) loan as well as the Permanent loan. By using one lender you reduce your fees and overall cost of the loan as well as assuring yourself that there will only be one underwriting of your loan not two or more by different companies. I can provide this for you in Texas.

Re: construction/bridge financing

Posted: Tue Aug 16, 2005 2:11 pm
by Chip Justice
CSC Capital Corp. provides interim (construction)
warehouse lines of credit to qualified lenders for
manufactured and modular land/home purchases nationwide.
Please visit our website for more details.
www.CSCCapitalCorp.com
Thank you.


Chip Justice
CSC Capital Corp.
1701 North Collins Blvd. # 125
Richardson, Texas 75080
972-808-0800
972-808-0801, fax
[email protected]
www.CSCCapitalCorp.com

Re: construction/bridge financing

Posted: Tue Aug 16, 2005 8:06 pm
by barbara
Hello Chip,
i am trying to get interim lender for manufactured home and land
in massachusetts,since you state you are nationwide, are you
licensed for massachusetts?