Home Buying in Leander>Question Details

Steveo_nm, Home Buyer in Leander, TX

Lender for moblie home and land midland,tx

Asked by Steveo_nm, Leander, TX Sat Dec 8, 2012

Help the community by answering this question:


RH Lending is able to finance manufactured homes via FHA (3.5% down) with credit scores as low as 580. Here are our guidelines:

$70,000 Minimum Loan Amount
Permanently fixed to the ground
Must have Engineers Report (if not must be retro-fixed)
Must be built after 2000
Wheels Off, Tongue Off, Skirting around Perimeter, Tied Down
Land cannot be greater than 30% of total value

We're licensed to originate loans in AL, AR, GA, IN, LA, MS, OK, SC, TN & TX.

Feel free to apply online at http://www.rhlapps.com/kjones or give me a call.

K.C. Jones
RH Lending
2 votes Thank Flag Link Fri Apr 26, 2013
Lender for land & manufact. House in Leander Tx
0 votes Thank Flag Link Thu Apr 25, 2013
Your best option is to contact Wells Fargo at one of their retail branch locations. They can still get those types of loans done.

Don Groff
REALTOR® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o 512.669.5599 m 512.633.4157
listings@dongroff.com | http://www.AustinListed.com
0 votes Thank Flag Link Mon Dec 10, 2012
Hello, I have several resources for you however a few more details would help get the best information. If you intend to purchase a new mobile home, the seller can often attach a mortgage to the land as well. If you want a used home to be placed on the land there are strict criteria for financing including a HUD label, proper anchorage, and proof that the home has not been moved before. There is also the question of utilities. Does this land need a septic and well system or is it provided by the city or county. Installing new systems or tapping into city lines can be costly. For more specific information contact Cory Beardon at Weststar mortgage
0 votes Thank Flag Link Sun Dec 9, 2012
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