Home Buying in Rancho Mirage>Question Details

franfortier, Home Buyer in Lake Arrowhead, CA

Do lenders mortgage Fee Simple manufactured homes in Blue Skies Mobile Home Park?

Asked by franfortier, Lake Arrowhead, CA Fri May 31, 2013

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John DL Arendsen’s answer
Yes, there are major lenders i.e. Wells Fargo and others who will lend on MH's in Fee simple MH communities i.e. condo conversions, sub-divisions, planned unit developments, (PUD's) or on private lot's/parcels, etc providing they are not pre HUD (built before June 15, 1976) and are on an engineered certified foundation system.

Some circumstances will also require a California Housing and Community Development Department (HCD) 433a certification as well. Please feel free to check out our website for further information. If you want to contact us directly email me at onthelevel@cox.net or call 760 815-6977. We would be happy to refer you to a lender that could work with you providing you meet the basic requirements.
0 votes Thank Flag Link Mon Jun 3, 2013
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