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 Search for: Manufactured Homes in Illinois. Who does 'em.
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martin.sloan

20 Posts

Posted - 06/02/2008 :  07:27:31 AM
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.


Thanks
maclin

645 Posts

Posted - 06/02/2008 :  08:06:42 AM
fha
martin.sloan

20 Posts

Posted - 06/02/2008 :  08:18:43 AM
I have called about six of my FHA lenders, and they are all shying away. Did you have a specific lender in mind?

Thanks
lukeallison

1409 Posts

Posted - 06/02/2008 :  09:23:03 AM
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.
martin.sloan

20 Posts

Posted - 06/02/2008 :  09:53:19 AM
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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