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MH financing
Posted: Sat Dec 27, 2003 11:54 am
by Nancy
I'm told that you can't get financing on MH's over a certain age. Do any of you know what that is in CA or what the going rate is for interest on ones you can get financing on?
I'm just now starting to look at them in 55+ parks and need all the help I can get.
Thanks..Nancy
Re: MH financing
Posted: Sun Dec 28, 2003 2:40 pm
by Norm
The year 1976 is when new HUD protocols were put into effect. So post 76 is a good guideline, although older ones can be financed, usually at higher interest rates and far more hassle. Double check any info, including this.
Re: MH financing
Posted: Sun Dec 28, 2003 9:58 pm
by Nancy
Thanks Norm..I appreciate the information.
Re: MH financing
Posted: Wed Dec 31, 2003 7:25 pm
by Peter
Dear Nancy,
If you need private financing on older homes, I can help you. Contact me at
[email protected]
Peter