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martin.sloan
20 Posts |
Posted - 06/02/2008 : 07:27:31 AM
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I am looking for a lender that will do manufactured housing in Illinois. Looking to finance a manufactured home, with a VIN, within a retirement community.
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maclin
645 Posts |
Posted - 06/02/2008 : 08:06:42 AM
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| fha |
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martin.sloan
20 Posts |
Posted - 06/02/2008 : 08:18:43 AM
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I have called about six of my FHA lenders, and they are all shying away. Did you have a specific lender in mind?
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lukeallison
1409 Posts |
Posted - 06/02/2008 : 09:23:03 AM
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| Send it to us. We at least still do Manufactured Homes on the conforming side as well as FHA so we're not prone to "shy away" from them. |
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martin.sloan
20 Posts |
Posted - 06/02/2008 : 09:53:19 AM
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Will you do them, if the development itself, rather than the borrower owns the land, as in some type of leasehold? FHA requires the borrower to own.
quote: Originally posted by lukeallison
Send it to us. We at least still do Manufactured Homes on the conforming side as well as FHA so we're not prone to "shy away" from them.
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