Mobile Home Loans
Please note before applying, Advance Mortgage Lending, Inc. is no longer offering Manufactured or Mobile Home Loans.
Florida mobile home financing can be quite different than financing a typical 1-4 unit residential property. Mobile homes have special issues with title, foundation, and year other technical points which make them unique. It is important that you deal with a mortgage company that has experience with mobile home loans!
Mobile Homes must conform to the U.S. Department of Housing and Urban Development (HUD) 1976 Federal Manufactured Home Construction and Safety Standards Acts, referred to as the “Hud Code”. Although manufactured housing is a term normally used for any type of factory built housing, the 1980 amendment to the original 1976 HUD Code, defines manufactured homes as mobile homes. We will therefore refer to any type of factory built housing on our site as “mobile homes”.
Here are some of our areas of expertise with regard to Florida Mobile Home Financing:
• Purchase – Refinance – Cashout acceptable
• Owner Occupied or 2nd home only
• Full Doc – Stated Income okay
• Up to 100% on Mobile Home purchase
• Up to 95% on Mobile Home refinance
• Single Wide okay
• Must have permanent Foundation
• Lot leasing or land rental okay
• 30 Year fixed rates
• No prepayment penalty
• 2-3 week closings
Advance Mortgage Lending, Inc. understands that mobile homes provide an excellent source of affordable housing for many. Mobile homes and manufactured home built with current specs and standards hardly resemble the mobile homes of the past. Construction quality and minimum hurricane standards put mobile homes nearly on par with regular single family dwellings. We look forward to assisting you in purchasing or refinancing your Florida mobile home!
If you have additional questions or need assistance, please call us at 305-371-8181 or toll free at 855-224-3222.