MHLoans vs

[tlo729]

We will be getting a Deer Valley home in a few months and since I have always been a stickbuiilt homeowner I know little about the mfg home loan world. For anyone that has used the MHLoans website, which appears to be a Lending Tree type setup for mfg homes, did you go thorugh with one of those lenders? Did you look other places? Is that a one-stop shop?

Also, is there any reason at all to consider the financing offered through the dealership? We have excellent credit and income is not an issue. Should I even bother talking to the dealer abouth financing?

What is a reasonable rate for a new home, owning the land, right now?

Thanks much

[David Oxhandler]

Read some of the Recent Articles About Manufactured Housing Financing in our library. Buying a home today take should take some time. you are smart to shop for the money first. There are many lenders that want your business. Looking for the best financing you can find, taking the time to find out the best rates and programs, is time well spent that can save you money over and over again for years to come.

Give the Manufactured Housing Loan Finder a try. There is no cost or obligation and you will be contacted by multiple lending offices with a variety of programs available. If you do not go forward with any of their offers you will have the opportunity to question them and advance your education on MH Financing. If there is anything you dont understand always ask.

To figure out which loan is best for you use the free Loan Comparison Calculator AThis great tool will help you figure out the REAL cost you pay to "rent the money", and help you to compare the total cost of interest over the entire term of any loan. You can check up to four different loans at a time, with different interest rates and number of years.

Know what your getting into before you sign. If there is any part of the paper work you dont fully understand that your lender can not explain to your satisfaction DO NOT sign. Understanding the terminology used by lenders and mortgage brokers will give you an advantage when searching for your loan. The Glossary of Mortgage Terms offers definitions of key words you need to know when applying for your mortgage.

[tlo729]

Thanks for those links. I would also like to see some responses from people that used the service and their thoughts.