Age of Manufactured Home
Manufactured home loan
Manufactured home finance features
Age of manufactured home
Manufactured home site preparation
Manufactured home vehicle to real property
Major revisions to manufactured home standards were enacted by Congress in 1976. These revisions were so significant that getting a pre-1976 manufactured home loan is difficult.
pre-1976 Manufactured Home Financing
We have the ability to provide financing for select pre-1976 manufactured homes in Florida. To be eligible, significant equity must exist in the land-home, no restrictions should exist that prevent the land being used for similar or higher and better use. The borrower must have good credit and a history of stable income. As with post-1976 manufactured homes, double wides and triple wides are easier to finance than single wides.
Post 1976 Manufactured Home Financing
Just because the age of a manufactured home is newer than 1976 doesn't mean all manufactured home lenders will finance it. Some investors will not mortgage a manufactured home that is more than 30 years old. Others cut off at 20 years and others will not finance a manufactured home older than 15 years. So, the best financing terms terms are when the age of manufactured home is less than 15 years.