Question Details

Rich, Home Buyer in 19506

Financing a mobile home in OK

Asked by Rich, 19506 Wed Oct 1, 2008

I am relocating to OK and am looking at purchasing a mobile home. I am having a little touble with financing. my credit is great and money is there but it seems like no one is financing them right now. Is this true?

By the way the moble is a double wide and it sits in its own land and is permanent.

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I'm way late for this one but it just popped up on my radar so here goes anyway.

Please feel free to log onto our Trulia http://www.trulia.com/blog/onthelevelcontractors/ or Active Rain blog http://activerain.com/blogs/johnarendsen for more comprehensive information about the MH Industry.

Or you can check our our website and give us a call or drop us an email. We are RE Brokers, Manufactured Home Dealers and licensed, bonded and insured General Contractors and have been actively engaged in the MH Industry statewide for almost 3 decades.

We also do "Lonnie Deals"
Web Reference: http://www.onthelevelcontractors.com
0 votes Thank Flag Link Sun Feb 27, 2011
Yes Rich, Manufactured Home financing is a tad more difficult than standard Single Family Financing. Even though there are banks who lend on manufacured homes, the tough part is finding them. Flagstar Bank is one of the banks who lends on Manufactured Homes. Also, FHA will do manufactured homes so even if your credit is good enough for Conventional financing, that is another option.

If you have any questions, I would be glad to help you.
I can originate in all 50 states so if you need help getting qualified, don't hesitate to contact me.

Luke Allison
Flagstar Bank
828-777-8828
0 votes Thank Flag Link Wed Oct 1, 2008
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