There is a 10 year balloon payment. Interest rate is fixed for first 3 years. Interest rate re-adjusts at 3 years. All rates and terms subject to change. Will not finance mobile homes that are not in a mobile home park.
Loan amounts are a fixed interest rate loan.
They will not do loans for a mobile home to be used as a rental unit. Terms very between Basalt, Snowmass Village and El Jebel banks. Each Bank varies - call for details. Will consider loans for Buyers who do NOT have any established credit but have to have lived in the Valley for a minimum of one year and have a social security number and, if necessary, a green card. Will not do mobile home loans in Lazy Glen.