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. Will not finance any mobile homes older than 1976. They will not finance mobile homes older than 15 years old.
Terms are negotiable depending upon borrower.
They will do loans for a mobile home to be used as a rental unit. Fixed rate, 15-30 years. Will finance mobile homes that are to be used as a rental unit. Up to 25 years amortization. Will not finance mobile homes that are to be used as a rental unit.