MANUFACTURED HOME LOAN FLORIDA

(FHA) MANUFACTURED HOME LOANS FLORIDA GUIDELINES

• 96.5% Purchase financing.

• Minimum credit score of 530.

• Minimum Loan Size on Manufactured Housing is $70,000

• No Single wides

• Foundation must meet FHA/HUD’s Permanent Foundation Guides (1996)

• Must provide Engineer’s Cert on foundation. (stamped and signed)

• Home cannot have been previously installed at another location (this does not include model homes that were installed on the dealers lot)

• Maximum AGE of Manufactured Home – 20 years

SEE FULL LIST OF FLORIDA FHA MANUFACTRUED HOME GUIDLINES. 

FLORIDA MANUFACTURED HOME LOAN HIGHLIGHTS

• Purchase – for as little as 3.5% down you can own a Florida manufactured home. Credit quality, loan affordability and manufactured home  type will ultimately determine the required down payment and reserve requirements.

• Cash out Refinance – Cash out refinance your land and manufactured home package up to 85% of the current appraised value.

• Rate and term Refinance- Change the rate or term of your Florida manufactured home up to 97.75% of the manufactured homes FHA appraised value.

• Closing Costs – Sellers can contribute up to 6% of the Florida homes sales price to cover your closing cost and pre-paids.

• No Application Fees – We provide no fee Florida manufactured home loan pre approvals without application fees. We are sure that you will find our Florida manufactured home loan application process and service top in the industry. We value your Florida mortgage business and expedite the process.

• No Prepayment Penalties – We offer 15 and 30 year fixed rate Florida manufactured home loans and you are free to pay off your Florida mortgage or refinance at any time without penalty.

• Fixed Mortgage Rates –We offering fixed rate Florida manufactured home loans so your mortgage payment will never fluctuate. No adjustable rates with variable payments or balloons mortgages to worry about.

• Interest Rates – Range from 3.5 to 5.5% fixed rate Florida manufactured home loans depending on overall credit quality, debt to income ratios, age of manufactured home, collateral type, loan amount and loan-to-value.

• Double Wide’s – 96.5% financing on double wide Florida manufactured homes.

• Loan Amount – Minimum loan amount required is $65,000 for Land and Home Florida manufactured home loans.

• Age of Manufactured Home – Must be built minimum 1976 or newer

• Escrow – is required for insurance and taxes included in your Florida mortgage payments.

• Terms – Florida mortgage increments from 15 to 30 years.

• FHA Mortgage Insurance – Is required on all our Florida manufactured home loans..

• Down Payments – 3.5% Down payment must be sourced from borrowers own funds or gift from family member.

How can I get pre-approved to purchase a Florida manufactured home? Either fill out the Florida mortgage application or call us directly at 954-667-9110

 

FLORIDA MANUFACTURED HOME LOAN INFORMATION

FLORIDA MODUALAR HOME LOAN PROVIDERS

FLORIDA MANUFACTURED HOME LOAN GUIDELINES

MODULAR HOME LOANS FLORIDA

VA FLORIDA MANUFACTURED HOME LOAN LENDER

FLORIDA MANUFACTURED HOME LOAN LENDERS

FLORIDA VA MANUFACTURED HOME LENDERS

FREE CONSULTATION


CREDIT REQUIREMENTS

FHA MORTGAGE

FHA Minimum 550 credit score.

550 MIN FICO

PORTFOLIO MORTGAGE

No Minimum credit score requirments.

500 MIN FICO

VA MORTGAGE

VA Minimum 560 credit score.

560 MIN FICO SCORE 

USDA LOANS

USDA Minimum 580 credit score.

580 MIN FICO SCORE 

FANNIE MAE

Fannie Mae  Minimum 620 credit score.

620 MIN FICO SCORE 

FREDDIE MAC

Freddie Mac Minimum 620 credit score.

620 MIN FICO SCORE 

CALL NOW!

954-667-9110

Apply Now!

ALL FLORIDA MORTGAGE PROGRAMS AND INFO. SUBJECT TO CHANGE WITHOUT NOTICE.

FLORIDA MORTGAGE LENDER IN EVERY CITY IN FL INCLUDING: Alachua, Altamonte Springs, Anna Maria, Apalachicola, Apopka, Atlantic Beach, Auburndale, Aventura FL, Avon Park, Bal Harbour, Bartow, Bay Harbor Islands, Boca Raton, Bonita Springs, Boynton Beach, Bradenton, Brooksville, Cape Canaveral, Cape Coral, Casselberry , Celebration, Chipley, Cinco Bayou , Clearwater, Clewiston , Cocoa, Coconut Creek, Cooper City, Coral Gables, Coral Springs , Crystal River, Dania Beach , Davie , Daytona Beach, Deerfield Beach, DeFuniak Springs, DeLand, Delray Beach, Deltona, Destin, Dunedin, Eagle Lake, Edgewater, Edgewood, Eustis, Fort Lauderdale, Fort Meade, Fort Myers, Fort Myers Beach, Fort Pierce, Fort Walton Beach, Fruitland Park, Gainesville, Green acres , Green Cove Springs, Gulf Breeze, Gulfport, Haines City, Hallandale Beach, Hawthorne, Hialeah, Hialeah Gardens, Highland Beach, Holiday,  Hollywood FL, Holly Hill, Holmes Beach, Homestead, Hypoluxo, Indialantic, Jacksonville, Juno Beach, Jupiter, Key Biscayne, Key West, Kissimmee, LaBelle, Lady Lake, Lake Alfred, Lakeland, Lake Mary, Lake Park, Lake Wales, Lake Worth, Lantana, Largo, Lauderdale By The Sea, Lauderhill , Leesburg, Lighthouse Point, Longboat Key, Longwood, Maitland, Marco Island, Margate, Melbourne, Melbourne Beach, Miami , Miami Beach, Milton, Minneola, Miramar, Mount Dora, Naples, Neptune Beach, New Port Richey, New Smyrna Beach, Niceville, North Miami, North Miami Beach, North Port, Oakland Park, Ocala, Ocean Ridge, Ocoee, Okeechobee, Oldsmar, Orange Park, Orlando FL, Ormond Beach, Oviedo, Palatka, Palm Bay, Palm Beach, Palm Beach Gardens, Palm Coast, Palmetto, Panama City, Panama City Beach, Pembroke Pines, Pensacola, Pinecrest, Pinellas Park, Plant City, Plantation, Pompano Beach, Ponce Inlet, Port Orange, Port St. Lucie, Punta Gorda, Rockledge, Royal Palm Beach, St. Augustine, St. Augustine Beach, St. Cloud, St. Pete Beach, St. Petersburg, Safety Harbor, Sanford, Sanibel, Sarasota, Satellite Beach, Seaside, Sebastian, Sewall's Point, Shalimar, Stuart, Surfside, Sunrise FL, Southwest Ranches,  Tallahassee, Tamarac , Tampa , Tarpon Springs, Tavares, Temple Terrace, Titusville, Treasure Island, Valparaiso, Venice, Vero Beach, Wellington, West Melbourne, West Palm Beach, Weston , Wilton Manors, Winter Garden, Winter Haven, Winter Park, Winter Springs,

SERVING EVERY COUNTY IN FLORIDA INCLUDING:: Alachua:: Baker :: Bay :: Bradford :: Brevard :: Broward :: Calhoun :: Charlotte :: Citrus :: Clay :: Collier :: Columbia :: DeSoto :: Dixie :: Duval :: Escambia :: Flagler :: Franklin :: Gadsden :: Gilchrist :: Glades :: Gulf :: Hamilton :: Hardee :: Hendry :: Hernando :: Highlands :: Hillsborough :: Holmes :: Indian River :: Jackson ::Jefferson :: Lafayette :: Lake :: Lee :: Leon :: Levy :: Liberty :: Madison :: Manatee :: Marion :: Martin :: Miami-Dade :: Monroe :: Nassau :: Okaloosa :: Okeechobee :: Orange :: Osceola :: Palm Beach :: Pasco :: Pinellas :: Polk :: Putnam :: Santa Rosa :: Sarasota :: Seminole :: St. Johns :: St. Lucie :: Sumter :: Suwannee :: Taylor :: Union :: Volusia :: Wakulla :: Walton :: Washington ::