Selling a Used Mfg. Home

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Ginger

Selling a Used Mfg. Home

Post by Ginger » Mon Jan 09, 2006 2:59 pm

What are the problems for buyers to find financing for a mfg. home that we bought used and had moved to a gorgeous lakefront property? I understand some financial lenders won't touch a loan that has a mfg. home on the property that has been moved twice.

Ronda

Re: Selling a Used Mfg. Home

Post by Ronda » Tue Jan 10, 2006 12:32 am

Ginger,

Try JCF Acceptance (www.jcfinc.com), they are one of the oldest lenders in the business. They have their guidelines listed online and I would add that I live in a mobile home park and refinanced for 6.24%. Not bad.. My loan officer was Colleen schlosser at (888) 809-1145.

Good Luck

Ronda

David Oxhandler

Re: Selling a Used Mfg. Home

Post by David Oxhandler » Tue Jan 10, 2006 6:37 am

JFC is in the business of setting up loans on the manufactured home ONLY, not the land that the manufactured home sits on. The mobile home loans offered by JCF are called chattel mortgages. They specialize in financing for mobile & manufactured homes located in parks and on leased land. They dont handle what your looking for which is a MORTGAGE, which is a loan that includes real-estate financing
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