Cascade offers a range of manufactured and modular home financing options to meet the needs of all types of home buyers. This includes financing for top qualifying applicants as well as a wide range of other loan programs for prospective buyers who can afford a home today, but have had some credit challenges in the past.
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Double wide mobile home loans to include, double wide mobile home refinancing, mobile home refinancing and manufactured home refinancing programs for homes located in mobile home parks (leased lot), or on your land.
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In many instances, the actual purchase price for a mobile home with land is much lower than a conventional home and allows a wider range of prospective home buyers to become home owners. The FHA mobile home loan allows for both Double Wide and Single Wide manufactured home financing under FHA underwriting terms and conditions (which can be.
Buying a mobile, AKA manufactured, home with an FHA loan is different than buying a. For instance, a double-wide will have two HUD tags.
Perhaps the easiest route to take to find financing to buy a manufactured home is through an FHA loan, or one backed by the federal housing administration (fha). These loans are not issued by the FHA, but are insured (i.e., refunded) by the FHA in the event that the borrower defaults on the loan, reducing the risk for the lender.
Acceptable examples of manufactured housing include double width and. at least three bedrooms and two baths; Classified at minimum as a double-wide unit .
A double wide home loan is a mortgage program that allows borrowers to finance the purchase of a home of this type as well as the lot it sits on. Eligibility Double Wide Qualification Information
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