Rebecca Schrader

A day doesn't go by that we don't get a call for financing ideas on single wide mobile homes. There are so many in Florida, because people retire here on fixed incomes and single wides are a super value. But, if you can't pay cash for your retirement pad, what are the options, if any?

FHA loans are available on single wides if you call the right mortgage expert (hint, hint). Single wides on rented land can't be financed by an FHA insured loan because the land is not part of the collateral. Here we'll need 20-30% down and a smart mortgage broker that knows how to finance a chattel loan.

Our Florida DMV regulates manufactured homes in our state. The rules vary so much state-to-state that many lenders only lend on Florida mobile homes. There are so many here, that it's worth the investment to learn how to underwrite these loans. We get calls from other states all the time asking for any kind of hints on financing single wides. Unfortunately, we cannot help, sorry.

In Florida though, there is not a whole lot we can't do. We are working on a 1955 single wide mortgage right now, in Orlando! The snow birds are coming down for the winter and we are getting ready for a huge surge in business.

Of course, we can do regular frame or block homes loans, modular home loans, log cabin mortgages, commercial and retail store loans too. We started helping seniors with HECM or reverse mortgages this year too.

For all of your Florida mortgage needs, talk to an expert in the business, talk to Rebecca at 863-229-2524 or visit our websites at http://bojacy.com or http://bojacy.com/ReverseMortgage

An exclusive mortgage for seniors only. It allows them to have their home pay THEM a monthly payment. Now, seniors 62 and older can qualify for a special type of mortgage that makes monthly payments to THEM! It's really true and easy to qualify, basically just answer a few simple questions and your options will be explained.

The money can be used for whatever the senior wishes.

Visit our website at: www.bojacy.com/ReverseMortgage

OR

Call an expert right now at 863-229-2524

What a budget balancing tool! Seniors over 62 can get monthly checks paid to them out of the equity in their homes.

Qualification is easy, there is no minimum credit score and the hardest part of the approval is being 62 or older.

If there is sufficient equity and a monthly check would come in handy, call one of our Reverse Mortgage experts - 863-229-2524 or visit www.bojacy.com/ReverseMortgage

An exclusive mortgage for seniors only. It allows them to have their home pay THEM a monthly payment. Now, seniors 62 and older can qualify for a special type of mortgage that makes monthly payments to THEM! It's really true and easy to qualify, basically just answer a few simple questions and your options will be explained.

The money can be used for whatever the senior wishes.

Visit our website at www.bojacy.com/ReverseMortgage

OR

Call an expert right now at 863-229-2524

HUD, in June of 1976, began regulating how manufactured homes would be built. Previously, it was every manufacturer for themselves and some homes were great and some, not so much.

All post 6/76 homes have minimum wind speed restrictions and several other requirements. Through the years, and especially after hurricane Andrew, the FHA has found ways to make these homes extremely safe.

If you need a loan on this type of property in Florida, call a seasoned pro!

Rebecca - 863-229-2524