The Manufactured Housing Forums

we are wanting to buy a foreclosed on 2000 horton home. it is on 2 acres of land (to be sold with home) & is bricked under.
24X64 & asking price of $35,000

we got a preapproval from a local company. but the interest rate is real high.

last night I used the loan finder here & got some emails today.

today I talked with a man from country place mortage & we did an app over the phone.
he said they would approve us with a 6.75 - to 7.25 interest rate.. it would be fixed.
they said 10% down & we pay closing costs..

he gave us a preapproval & faxed it to the realtor.
he said the only thing it depended on was the house appraisal & we pay that upfront. ($450)

it just seems to easy.. theres gotta be a catch..right?

anyone financed with them?
had good experience.. bad?

The loan finder is a great place to find a reputable mortgage company....Country Place is a company owned by Palm Harbor Homes...One of the best quality companies in the business...This is the mortgage company and is not a broker....Be sure you understand and have all conditions listed in the approval...Move forward with the appraisal and tell your agent to send them his/her future business...