One of the largest lenders in the FHA/VA loan arena for manufactured homes has shut down for good. Now, there are just a couple of lenders left and they won't touch single wide manufactured homes. Luckily, there are non-conforming lenders and regional banks that will lend on single wides with a minimum 20% down payment. The market is definitely getting tricky, but if you know a pro like me, you'll get your loan closed.

ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved