We
are the leading referrer for Damaged Credit,
Low Rate Chattel and Land/Home Loans! Need a Commercial,
Business or Hard Money Loan? Email
us and request our Summary Form.
Mobile
Home Dealers, Mortgage Brokers, Resellers, Private
Sellers, Individuals
Damaged
Credit OK! Current
Credit Report and DTI under 41% required
Regardless of credit score, applicant can not have
recent bankruptcies/judgements/collections &
must have some 'good' current accounts
'Cash-out' and debt consolidation loans are not
available for mobile home loans, however in many
cases refinancing will save you a significant amount
on your monthly payments!
Chattel Mortgages & Refi's
(Mobile Home w/o land)
As
low as 5% Down!
NO
Application fees!
In
Park or on Land (not payors land)
Up
to 30 Year Term
Refi's
can go current terms or less
NO
Prepayment penalties!
New
& used MH's (1985 or newer)
Investor
program (buy for) with 20% down
the
lowest score that can be financed is 620, 610
is a 'maybe'
Co-signer
ok with 20% down if the applicant has weak/thin
credit. Cannot do if applicant credit is bad.
The good credit of the co-signer will not overcome
bad credit of the applicant
Buy
Down up to 6 points (1 1/2%)
Avg.
3 - 5 day approval!
Latest
Rates as of 7/22/02:
NEW
LOANS
Mobile Homes without land
SINGLE WIDES - 11.5%*
DOUBLEWIDES - 10.5%** *APR 12.55%
**APR 11.01%
REFINANCE
Mobile Homes without land
SINGLEWIDES - 9.99%*
DOUBLEWIDES - 8.99%** *APR 11.05%
**APR 9.41%
Click
HERE to fill out our Online Application for a
New Loan at incredibly low rates! (Mobile Home w/o
land)
Click
HERE to fill out our Online Application to Refinance
your existing loan and save a TON of money! (Mobile
Home w/o land)
Most
manufactured home lenders will only approve "A"
paper and a few "A-" or maybe a "B"
credit client. In addition, the rates are high and the
smallest down payment they usually offer is 5% or more. We
offer you the options most manufactured home lenders are
missing and the low rate land/home loans other lenders
will not approve!
Construction
Staged Funding!
No
Money Down!
Dozens
of Mortgage Options!
580
Zero Down Loans!
Low
Money Down Options!
Damaged
Credit Loans!
Our Manufactured Housing Programs for land/home combinations
include many no money down and low money down (3% to 5%)
options, with lower rates than traditional manufactured
lenders offer. In addition, you don't need perfect or
even good credit in some instances!
We
have a wide range of programs to meet your needs:
Construction
Staged Funding is available for all of our programs.
Most
of our programs are based on appraised value.
An
"A-" Program disregards consumer credit
and only needs a minimum credit score of 580 at
rates as low as 8.25%.. with no money down!!
Stated
Income Programs with as little as 5% down!
Use
bank statements to prove income!
Low
low rates for "A" Paper customers with
no money down!
Judgments,
repos, bankruptcy's, late payments, foreclosures....
all are Financable!
Let
us make you an offer on your Owner Financed Notes for mobile
homes on land, mobile homes in parks, improved land, raw
land, farms, ranches, commercial notes, Business Notes,
Aircraft Notes, Boat Notes, Lottery Winnings, Annuities,
Structured Settlements, Equipment Leases, Farm Program Payments,
Inheritances, Viaticals, Settlements, Property Leases and
almost any type of cash flow!
Fill out our Online 30sec. Note Form & put some cash
in your pocket! Click
HERE to go to The
Note Pros
