Manufactured homes on owned land provide excellent affordable home ownership across California. Most lenders miss the target. Some don't even try to hit it.
We provide a full suite of conventional and government loan programs underwritten by investors that specialize in this unique market. Capitalizing on long term market relationships merged with a history of successful mortgage lending. Manufactured home and land lending is real estate lending but has some very special requirements and works best with a strong investor program that has a desire to close your loan. It's core business, not just something else we do.
Conventional and government insurance mortgages for HUD Code manufactured homes on land. Get better rates and terms or take cash out.
At MH Loans California, manufactured home refinance loans are a core product for us; not just something else we do. Our understanding of the requirements for this unique market allow us to custom fit loan options to our clients needs. Payoff debt or remodel with loan products designed to make your life better.
Portfolio loan program for Mobile Homes and Manufactured Homes on land that are not eligible for conventional or government financing. Available for manufactured homes that have been moved from their original location, homes that are not on a permanent foundation on private property and in approved condominium communities and planned unit developments (PUD.) Pre-HUD available in approved communities.
Guidelines for manufactured home construction on land are written by the U.S. Department of Housing and Urban Development (HUD) and to be eligible for financing the home must be at the original delivery location and installed on an engineered permanent foundation and only for HUD Code Homes (built after June 1976.) Fannie Mae, Freddie Mac and VA follow the HUD guidelines without exception. This makes thousands of manufactured homes "cash only" when it comes time to sell. Until Now!