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| Many people, upon hearing the term "modular home", automatically think "manufactured home" or "on- frame modular home." A genuine modular home is neither. Genuine modular homes have all of the characteristics of stick-built homes, when they are set on land tied by deed or mortgage, and must pass the same building code requirements as stick-built homes. That's why purchasing an existing modular home or refinancing the modular home you already own is treated just like stick-built home financing. We have always understood these essential facts, and are pleased to offer low rate mortgage loans for modular homes. Avoid the runaround with lenders who don't understand the difference. Our mortgage specialists are well versed in this up-and-coming home type. Since your request gains access to the best rates and terms, now is the time to consider purchasing or refinancing. If the modular home is in a leased lot community, single section modular homes can be no older than 20 years. Multi-Section modular homes can be no older than 1977, with the exception of California, where the multi-section modular homes can be 1970 & newer. All modular homes must be in good condition, and must not need major repair, to include roofing, skirting, siding and carpeting. Modular homes can be located in modular home parks, on owned or leased land, or on private or family land. |
| Real Property Modular homes qualify for Conventional, FHA, FHA Streamline Refinance, VA and Jumbo Mortgages |

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