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This could not be accomplished by adding thousands of dollars to your new Florida mortgage to pay commissions to a mortgage broker. We’ll assist you in finding a loan that fits your needs – our goal is to make sure that you and your family get the help you need without any extra confusion, delays, or unnecessary costs. Our finance specialists are experts when it comes to matching new homebuyers with financing programs that make sense for their situation. These types of homes blend the features of site-built homes with the innovative and efficient methods of factory construction and result in a product that appears as a conventional stick-built home.
Local state laws relating to building codes for mobile homes are secondary to the HUD code. Before we get into all of that, we must discuss what you need to know about HUD regulations for mobile home construction. What you don't know about it can cost you a lot of money in the long term. They are called mobile homes because, by law, a mobile home must be transported wholly or in prefabricated portions on transport like a wide-load tractor-trailer.
FLORIDA
Installed on a permanent foundation built according to FHA guidelines. All persons applying must live in the home with the exception of vacation homes. We also have "Live Help" operators standing by 24/7, helping both existing and new customers get the answers to the questions they may have, all in real time. To apply for a loan or to open a new account, select the Open and Apply option once logged in. So, you want to know about any issue that may decrease its value before applying for the loan.
If the Florida Manufactured Home is in good condition and there is a sufficient amount of Equity in your home, additional programs such as an Equity Cash-Out and Debt Consolidation can be an option. Our Staff will quickly ascertain whether Florida Mobile Home Refinancing will be beneficial. If during Suncoast's remediation you encounter a web page or element of our mobile application that is difficult to access, please contact us. For that purpose, Suncoast has created a process for investigating and responding to your accessibility concerns and/or questions. If you would like to contact us, please do so from our Contact Us page.
Q. How does Easy Mobile Homes protect my personal information?
A manufactured home may be one of your biggest assets, so when you’re buying a home in a park you want to be sure you’ve made an informed decision. Finally a company that completely understands the mobile home market and offers the guidance needed to make important decisions. Escrow is handled internally by our office, where we do all functions from titling the home, to cutting disbursement checks to realtors, if applicable, and to the seller. Easy Mobile Homes LLC is a licensed manufactured home dealer and installer with locations in Hillsborough County, Florida and Hardee County, Florida. Spacious Ranch Style 4 bedroom 2 bath Custom built by Clayton Homes in 2018.
Large bedrooms, separate master suite, a lot of built ins, walk-ins and plenty of storage. Westchester Rd, Fountain, FL - 3/2 on a .69 acre partially fenced corner lot just north of Panama City, FL. Built in 2010 by Clayton homes. Recently updated with new interior, including floor coverings, fixtures and new roof. MFH homes that have ‘moved’ once built are ineligible unless the borrower is utilizing VA financing. Both MFH and land must be titled together and classified as real property.
FINANCING PROGRAM
When you purchase a manufactured home an engineer is required to come out and inspect the home and make sure that it is up to code. The only way around this is via conventional financing on a home with no additions or changes to the roofline or added decking. We’re well versed in the financing options currently available to buyers of manufactured and modular homes. These include FHA, VA, Land-in-Lieu, and Construction loans. We can help you select the one that best suits your unique situation and needs.
Priced at $164,900 with VA, Fha and possible seller financing. Automated underwriting approval required for conventional financing. DU must clearly indicated the structure as a Manufactured Home.
If the property is adjacent to a non residential property the minimum is 10 feet still. Cash out is allowed up to 80% of the value of the home, and a 30 year term is allowed. As a lender I always try to set up the possibility to everyone involved in the transaction of this needing to be done in order to sell or buy a manufactured home. If a borrower is using FHA financing it will always be needed.
Manufactured home and mobile home loan underwriting process is the same as traditional real estate loans used to purchase single family homes. The underwriting process normally takes six to seven weeks which is comparable to conventional real estate. Loan closing is part of the property closing and usually takes place at a title company or law office local to the area that the property is being purchased. Arrangements can be made to close at alternative locations using a mobile notary/closing agent.
We finance manufactured homes from the Florida Keys to the panhandle. We can finance manufactured homes as second homes with 10% down. We finance double wide homes as a primary residence and a second home, we finance single wide homes as a primary residence only. We do not finance in mobile home parks where the land is leased. President Sean Stephens said the company recently helped a single mother buy a new manufactured home with the Combination Construction-to-Permanent Loan Program.
This make VA financing the most flexible when it comes to financing manufactured homes. Florida home sales normally take 2-3 weeks, depending on if an appraisal is required. Your Florida loan officer will provide you with a list of items, called stipulations, that we will need you to fax or email to us. Once we have these items and your appraisal/inspection has been completed and cleared, we will be ready to close your Florida mobile home financing loan. An inspection is always required on every Florida mobile home financing loan.
The veteran is now allowed to pay for these items when they couldn’t in the past. We do not require an engineer to inspect the property like FHA or conventional financing to make sure that the manufactured home meets the current HUD guidelines. Additionally the veterans administration will allow a veteran to purchase a manufactured home if it has been moved, but only moved one time.
Most of the loan programs that are available for traditional stick built housing are also available for factory built homes. Tie downs being up to current code is the biggest issue we run into when borrowers choose to buy a manufactured home. On July 13, 1994, HUD increased the size of the requirement for the knuckle on the tie downs that attaches to the manufactured home or what a lot of people still call mobile homes. In addition they changed the requirement for the amount of longitudinal and lateral tie downs needed to meet code. This means that if the manufactured home was anchored before July of 1994 there is a good chance that the tie downs will not be up to current code.
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