The Manufactured Housing Forums

Hi everyone,
Could someone point me in the direction of a lender who will refinance only the manufactured home and not the lot it sits on. I would like to refinance my home and sell the lot that it sits on (It was a land home deal.) back to the owner of the subdivision. My plan is to move the home to where I am now located. I am having trouble finding a lender who would finance only the home. I tried the loan finder service on this site without much success. The guy who finally replied was not very friendly. Here is an excerpt of his reply:
"Double wide manufactured homes are designed to be built, moved once to a home site and remain. There are very few banks that will finance a double wide home once it is moved for the second time.
No, I cannot finance the home alone."

Any suggestions are greatly appreciated. I am at my wits end. Thanks in advance.

You are going to have to do some work now...The Yellow Pages of the MH business on this site list scores of lenders..All asked to be listed..some are no longer in business..many have toll free numbers and all have e-mail addresses..Check them out here..

http://mfdhousing.com/yellow_pages/get. ... pe=FINANCE

There are dozens of lenders who are happy to finance a MH without land... especially if you have reasonably good credit history. There are hundreds of land lease MHCommunities across the country and this is still the only way to finance homes on rented land. Most of these lenders will also finance just the home, on land that you own. Mortgages that cover home and land have become much more popular in the past several years because most of the time they offer the lender greater security so that they can offer a lower interest rate.
Getting FREE Mortgage Quotes from Multiple Lenders is Simple! Use the MH LOAN FINDER. Answer a few basic questions and click the "Submit" button. You'll be matched with lenders and brokers who meet your exact financing needs. What's more, the MH Loan Finder Service is easy to use, and it costs nothing to participate. Just take a few minutes now to complete the short questionnaire on this page. Then, based on what you tell us, our lenders can find a loan that matches your needs. Within just 24 hours, your request for loan information can be answered by several participating manufactured housing finance companies.