Manufactured Homes/Double Wide Lenders

[Bryan Dilgard]

Hello all - I am a loan officer for Priority One Financial Services. I have a ton of clients who want to purchase Manufactured Homes/Double Wides, but I cannot find a lender to do my deals. Most of my clients have very little money to put down so I would need someone to do the deals up to 100% LTV. Can anyone help?

Thank you,
Bryan Dilgard
[email protected]

[rmurray]

I do not think there are any 100% lenders in home only manufactured home loans...

If there is real estate involved...check with wholesale lenders doing FHA...With the downpayment assistance programs and the seller paying up to 6% closing the buyer can get in with no cash..

With good credit...there are conventional 80-20...and 90-10 loan packages available...Check with the lenders listed on this web site for assistance..

[Jennifer/Carteret Mortgage]

I am also a loan officer for Carteret Mortgage and can assist in FHA loans or conventional financing for Double wides put onto land. We can also assist in const-perm loans. Let me know if you need help.

[Claudia Tietze]

Usually lenders lend only 80% LTV, some as high as 95%. You can ask the owner to carry the excess portion. If appraised higher than asking, then you can usually work around that situation.

[Karina]

Wells Fargo lends up to 95% on doublewides