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manufactured home refinance

Posted: Tue Dec 06, 2005 7:19 pm
by tarek
Hello....

does anyone know a lender that will accept manufactured houses in california

business bank statements with 15% debt ratio

49% LTV

and a 512 middle fico score

Re: manufactured home refinance

Posted: Wed Dec 07, 2005 12:12 am
by rmurray
None out there...

They will consider 2 years tax returns....40% debt ratio

up to 90% LTV

Middle score over 650.....

If you are a broker...tell your client thank you and send him on his way...find another prospect you can make some money on....

Re: manufactured home refinance

Posted: Fri Dec 16, 2005 1:54 pm
by Sandra Davidson
Boy do you have that right! I have been scouring my area st louis for two days looking for such a creature and with perfect credit and down payment--maybe.
But these animals are going to have a DIFFICULT time being sold or purchased.