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Manufactured Homes
Convert
Manufactured
Homes - Factory Built Homes Modular Homes – Mobile Homes
Into Real
Property!
Purchase Home and
place on lot/land you already own
Purchase lot/land and
moved your home on to it
Already Own Home &
Lot/Land
Moving Costs - Set Up
Costs
Build Garage/Car Port
And place on
HUD
Approved Permanent Foundation
Property
Type:
Minimum
Double Wide and Manufactured/Built after 1985. Owner or non-owner occupied
Loan to Value:
Up to 65% of the Future value (Value after
completion) Upon placing home on a HUD approved
Permanent foundation and filing the correct
documentation, this home will be considered as
Real property.
Loan Amount:
$30,000.00 up to $250,000.00. Loans under $30,000.00 are available
please call for details.
Credit History:
All credit situations will be considered. Past bankruptcy, foreclosure or other
serious credit situations will be considered. No FICO credit score required.
Income History:
Very flexible in qualifying income. Need to verify borrower/s have the
ability to make the monthly payments.
Seasoning:
No ownership seasoning is required, recently
purchased, inherited, etc. value and loan amount
Determined by the appraised value.
Vesting:
Available to Individuals, Corporations,
Partnerships and Trusts.
Lien Position:
1st T/D only on this program, will
consider a 2nd on a manufactures home already on a
Permanent HUD approved foundation.
For
details on Guidelines, Rates, Terms & Fees please call or e-mail to:
(800) 576-0102 Fax (714) 632-9752
Normandy
Mortgage Servicing Co.
Revised 4/15/08
©1999-2001
Normandy Mortgage Servicing Co.
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