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Darin Ferraro

7813 Posts

Posted - 04/17/2005 :  7:25:12 PM
Anyone have favorite lenders for subprime manufactured cashouts?
bstancel

3 Posts

Posted - 04/17/2005 :  10:02:55 PM
Argent Mortgage will do them up to 85% LTV/CLTV and are not hard on appraisals at all. Just make sure that the appraisal does not say rural.

-Brad
loancheetah

38 Posts

Posted - 04/18/2005 :  09:15:34 AM
Decision One has A good Manufactured program, as does Option One. Long Beach will do them but it is like pulling teeth. Wells will go to 85% but watch the appraisal reveiw.
brian@homesteadm

273 Posts

Posted - 04/18/2005 :  09:29:24 AM
Option One and Decision One are my choices for manufactured. Option One is a little higher on the interest rate, but has no prepay.
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cstarling

63 Posts

Posted - 04/18/2005 :  12:54:44 PM
Wells Fargo will do Manufactured Cashouts up to 90% LTV
gcapozzoli

201 Posts

Posted - 04/22/2005 :  10:32:57 AM
In AZ Wells Fargo will not do subprime Mfg so I'm told
dlorsung

10 Posts

Posted - 04/22/2005 :  12:32:26 PM
I've been doing a lot of research on this one lately. AGSTAR,ARGENT, COUNTRYWIDE, GB HOME EQUITY, Decision1, DELTA, MARIBELLA,MERCANTILE, Ohio,OPTION 1,USA FUNDING, US BANK, Voyager to name a few. My favorites (easy to work with and flexible is delta and gb home equity). Does anyone know of a manufactured + NINA product?
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