Your home can be financed as either personal property without land or as real property with land. In recent years, lenders have developed new programs to make manufactured housing even more affordable. Many loan options are identical to those for site-built homes . The affordability of any home depends on the financing package as well as the purchase price. F actors important to you include the size of the down payment required, interest rate, length of loan term, qualification requirements for federally guaranteed loans and the general availability of financing.
Lenders qualify purchasers by income and the current amount of debt held.
Even buyers who have experienced credit difficulties can often finance a home purchase. Redbud Homes has earned an excellent reputation with major lenders through twenty years of satisfied home owners. Our professionals can assist you with finding the best loan package for your new home. When it comes to financing, Redbud can find the answer for you.