top of page
Manufactured Home Mortgages
They're what we do.
Currently serving the states of Oregon & Washington
CALL: (503) 222-6404
Purchase Loans
Property Requirements:
-
Must be built on or after June 15th 1976 (can be verified by looking for the presence of either HUD tags or a data plate)
-
Axles, tongue, and wheels must be removed and skirting must be in place
-
Primary residence, 2nd home, and investment property all OK
-
Singlewide, doublewide, and triplewide all OK
-
Can be in a park or on land that you own (or will own)
Borrower Requirements:
-
Minimum middle credit score of 580 for land/home mortgages
-
Minimum average credit score of 600 for home-only loans
-
Minimum 2 years since foreclosure, deed in lieu of foreclosure, short sale, or chapter 7 bankruptcy
-
Minimum 1 year of on time payments if you've had a chapter 13 bankruptcy
Minimum Contributions:
-
Minimum 5% down for conforming loans and home-only loans
-
Minimum 3.5% down for FHA loans
-
100% financing available for VA and USDA loans
-
Gifted funds are acceptable
bottom of page