Posted by bobnone | Posted in Home Buying & Real Estate | Posted on 22-07-2010
Home Financing Needs ~~ Home & Real Estate Matters ~~
A mobile home is a great choice for people who are constantly on the move or really enjoy traveling. With all of the beautiful scenery, and great destinations to visit, owning a mobile home in California can be very convenient.
Searching for California mobile home mortgage lenders can be a little more difficult then looking for a mortgage lender for a normal home. This is because you are usually unable to get the same type of a home mortgage loan that you would with a traditional home mortgage, and will need to find someone who specializes in mobile home mortgages. Often times, a mobile home mortgage lender will treat the loan the same way they would when financing a loan for something like a boat or a car. Despite some of the limitations that you will face, this article will give you a basic understanding of your options, and help you to find the mobile home mortgage that you need.
Internet Searches
One of the first things you should do is to do an internet search for “California Mobile Home Mortgage Lenders”. This will give you a list of specialized mobile home mortgage lenders in your area and you can begin calling and researching some of these companies to see what they offer. When financing with this type of lender, the word ‘mobile’ will often lead to a higher interest rate. The less ‘mobile’ your manufactured home is, the better the financing deal you will be able to get on a mobile home mortgage. Using one of the California mobile home mortgage lenders that you find might end up being the most expensive route, but it is a great place to start researching and maybe be your only option if the following two methods do not work.
Retail Installment Contract
This is a method where you finance your mobile home purchase directly through the mobile home retailer. It allows you to pay for your new mobile home in installments instead of having to pay for the entire purchase upfront. The benefit of this method is that the mobile home retailer wants to make the sale, so they will try to be flexible and setup a deal that will allow you to make your purchase from them. The disadvantage is that the retailer will not want to wait as long as your mobile home mortgage lender to receive full payment on the purchase. This means that your monthly payments may be higher, but you will not have to make payments for as long.
Apply with the Federal Housing Administration (FHA)
The FHA does not make loans, but it insures loans made by private lenders. This helps you because it means that your lenders will give you a better deal on your mobile home mortgage even though you do not make a large down payment. There are two types of FHA-backed mobile home loans: Title 1 and Title 2. A Title 1 loan can be used for anyone to buy a mobile home, if it will be the primary residence of the person obtaining the loan. With a Title 2 loan, you are required to have your mobile home on a permanent foundation, but it still may be an option depending on your needs.
When searching for California mobile home mortgage lenders, you will benefit greatly if you consider the three options mentioned above. Having a better understanding of your options will hopefully save you both time and money! Good luck with obtaining your new mobile home!
To learn more about the different types of mortgage loans , visit http://www.easyhomemortgagesonline.com/ where you will find this and much more, including articles on second mortgages
CalVet: Home Loans
|
|
REAL ESTATE T&C FLOATY PEN House Key For Sale Sold ESKESEN FLOATING ACTION $4.50 |
|
|
REAL ESTATE FLOATY PEN Realtor Sold House Keyring ESKESEN FLOATING ACTION $4.50 |
|
|
2 CARAT ROUND REAL DIAMOND ESTATE BRIDAL RING SET 14K WHITE GOLD SZ 5 6 7 8 9 SI $2,957.00 |
|
|
2 CT REAL DIAMOND ENGAGEMENT ESTATE RING 14K Y GOLD SI $1,857.00 |
|
|
HUGE Lot of Real Estate investing books, dvd’s and cd’s $199.99 |
|
|
Real Estate – Renovate – Remodel – Do-It-Yourself $0.99 |
|
|
Brand New! Real Estate Principles $58.09 |
|
|
NEW The E-Myth Real Estate Brokerage – Gerber, Michael $21.46 |
|
|
ESTATE VINTAGE LOT OF 5 GENUINE COLORS REAL FUR PELTS- RABBIT, SQUIRREL, ETC. $19.99 |
|
|
How To Buy Foreclosed Real Estate Theodore J. Dallow $4.99 |
|
|
Real Estate Debt Can Make You Rich: What You Owe T $1.99 |
|
|
BUYING REAL ESTATE FORECLOSURES 3/E $1.99 |
|
|
Qualifier Plus IIIx Real Estate/Business Calculator, Mod 3415, Professional Mod. $55.00 |
|
|
2 CARAT ROUND REAL DIAMOND ENGAGEMENT RING 18K YELLOW GOLD ESTATE $5,285.00 |
|
|
Common Sense Guide to Successful Real Estate Negotiation: How Buyers, 0060914645 $4.97 |
|
|
New York Real Estate Practices by William Allen 0915799529 $9.43 |
|
|
California Real Estate Finance by B. E. Tsagris, John P. Wiedemer 0131114026 $4.97 |
|
|
Real Estate Development Manual by 0791305503 $19.94 |
|
|
Real estate appraisal in a nutshell;: A restatement and simplificatio 0802018610 $37.02 |
|
|
AUCTIONEER Street Sign novelty auction gavel gag antique real estate house $6.99 |
|
|
Real Estate Finance by J. Keith Baker and John P. Wiedemer (2012, Paperback,… $40.00 |
|
|
Vault Guide to Real Estate Careers (Vault Career Guide to Real Estate) $25.19 |
|
|
How to Buy and Manage Rental Properties: The Milin Method of Real Estate… $4.00 |
|
|
Tips & Traps for Getting Started as a Real Estate Agent (Tips and Traps), Robert $10.99 |
|
|
How to Invest in Real Estate With Your IRA and 401K & Pay Little or No Taxes, Hu $10.99 |
|
|
THE COMPLETE GUIDE TO INVESTING IN REAL ESTATE – JAMAINE BURRELL (PAPERBACK) NEW $18.97 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $89.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $189.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $289.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $1,289.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $99.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $199.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $299.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $1,299.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $109.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $209.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $309.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $1,309.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $129.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $229.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $329.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $1,329.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $69.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $169.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $269.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $1,269.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $79.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $179.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $279.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $1,279.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $89.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $189.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $289.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $1,289.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $99.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $199.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $299.99 |
|
|
Blank Flat Postcard Mailers, Brochures Invitations or Cards! House Real Estate $1,299.99 |
|
|
USA Real Estate Agent Business Website For Sale. List Homes Apartments Property $19.95 |
|
|
Sunny Day Real Estate – Diary CD $7.88 |
|
|
NEW Real Estate and Globalisation – Barkham, Richard $88.65 |
|
|
Some Assembly Required A Networking Guide for Real Estate, Thom Singer, Book $26.48 |
|
|
SD, Madison, South Dakota, RPPC, Egan Ave, Lake Park Livery, Holdege Real Estate $39.99 |
|
|
MI, Hartford, Michigan, RPPC, Main Street, Grocery,Real Estate Storefronts,No 15 $44.99 |
|
|
MI, Royal Oak, Michigan, BF Chamberlain Real Estate, 60s Cars,O’Neill No 19569-C $7.99 |
|
|
SD, Castlewood, South Dakota, RPPC, WN Skinner Law & Real Estate, Storefronts $44.99 |
|
|
CA, Antioch, California, Real Estate Office $7.99 |
|
|
Basic Real Estate and Property Law for Paralegals by Jeffrey A. Helewitz… $89.72 |
|
|
60043 Led Real Estate Motel House Rental Sign 24″x12″ $39.99 |
|
|
How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Stra $53.96 |
|
|
REAL ESTATE WEBSITE WITH GOOGLE ADSENSE $9.99 |
|
|
One of a kind spoon with real ruby marked 90 estate sale rare collectable gift $9.00 |
|
|
ESTATE – PAIR ROYAL DOULTON REAL OLD WILLOW PATTERN CUPS & SAUCERS DESIGN IN $28.00 |
|
|
Ron Legrand Paper Power for Real Estate Entrepreneurs Investing $49.99 |
|
|
Alan Cowgill Real Estate Private Lending 1, 2 & 3 Complete System $90.00 |
|
|
Alan Cowgill Real Estate Private Lending Complete Bootcamp $60.00 |
|
|
Than Merrill Fortunebuilders Real Estate Wholesaling Flipping Quick Big Profits $125.00 |
|
|
Than Merrill Fortunebuilders Real Estate Rehabbing Rehabbers Reference Manual $125.00 |
|
|
Rent To Own House.info REAL ESTATE/HOME/HOUSES/FORECLOSURE/BANK OWNED WEB DOMAIN $250.00 |
|
|
Instant Tax Relief for Real Estate Agents, Good Books $28.98 |
|
|
Carleton H. Sheets No Down Payment REAL ESTATE Course MINT CONDITION $29.99 |
|
|
REAL ESTATE-DAYS-JAPAN CD E75 $31.99 |
|
|
Diary, Sunny Day Real Estate, $19.37 |
|
|
Flipping Properties: Generate Instant Cash Profits in Real Estate by Robert… $0.99 |
|
|
TAX LIEN & DEED REAL ESTATE SOFTWARE CD LIENS DEEDS $0.99 |
|
|
Blood Money $1.99 … |
|
|
Alienware M14X 14 Laptop (2.0 GHz Intel Core i7-2630QM Processor, 8 GB RAM, 750 GB Hard Drive, Windows 7 Home Premium 64-bit) Black $1,449.00 This Alienware M14X AM14X-5283SBK Laptop Computer is designed for gamers looking for the performance of a 15+ inch notebook but with more demanding needs in mobility such as lower weight, exceptional battery life, high-speed mobile broadband options, and a smaller physical size. In addition the Alienware M14X offers an experience with external devices that can deliver HD video and 5.1 digital surr… |
|
|
ASUS G74SX-DH73-3D 17.3-Inch 3D Gaming Laptop – Replublic of Gamers (Black) $1,999.00 The Choice of Champions No One Comes Close The world of portable gaming has a new reigning king. The Republic of Gamers G74SX-DH73-3D is a performance notebook that imposes its will with the combined power of a second generation Intel® Core⢠i7-2670QM CPU and NVIDIA® GTX 560M GPU with 3GB of GDDR5 VRAM. A score of P2008 in 3DMark11 and P9180 in 3DMark Vantage takes over the reins as… |
|
|
One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work $10.51 Turn your one simple idea into millionsâwithout lifting a finger! âMr. Keyâs brilliance, wisdom, and insight will make you rich. Buy this book!â âMark Victor Hansen, bestselling author and co-creator of the Chicken Soup for the Soul® series âStephen Key has written a book overflowing with the all-important information that inventors need: a step-by… |
|
|
The Fashion Designer Survival Guide, Revised and Expanded Edition: Start and Run Your Own Fashion Business $13.03 Mary Gehlhar, author, industry authority, and consultant to hundreds of designers, including Zac Posen, Twinkle by Wenlan, Rebecca Taylor, and Cloak, gives readers behind-the-scenes insights and essential business information on creating and sustaining a successful career as an independent designer. With advice from fashion luminaries including Donna Karan, Tommy Hilfiger, Cynthia Rowley, Dian… |
|
|
Building Your Own Home For Dummies $8.29 Keep construction on track with helpful checklistsTurn your dream of a custom home into reality!Thinking about building your own home? This easy-to-follow guide shows you how to plan and build a beautiful home on any budget. From acquiring land to finding the best architect to overseeing the construction, you get lots of savvy tips on managing your new investment wisely — and staying sane during … |
|
|
Quicken Rental Property Manager 2011 – [Old Version] $59.96 It shows how your rental properties are doing and where you’re spending at a glance. The Intuit Quicken Rental Property Manager 2011 Software identifies tax-deductible rental property expenses so you can maximize your tax deductions. It shows which rents have been paid so you know who owes you money and stores lease terms, rental rates and security deposits for each tenant…. |
|
|
BizPlan Builder 8 $3.11 Everything you need to launch a winning business intoday’s climate!Product InformationBuild a plan you can take to the bank.With the release of version 8.1 Jian has made planning much easier and expandedyour planning options to 5 master plans fully flexible editing capability withplan elements you can drag/drop mix and match from any of the plans.The ultimate business planning tool Biz… |
|
|
Horizon Fitness EX-69 Elliptical Trainer $795.98 Horizon EX-69 Elliptical Trainer… |
|
|
Citizen Men’s JV0020-12F Eco-Drive 20th Anniversary Aqualand Black Metric Dive Watch $360.00 Powered by light, and offering a 180-day power reserve, the 20th Anniversary Aqualand Watch #JV0020-12F from Citizen’s innovative Eco-Drive Collection includes a digital dive log and an ergonomic design that’s ideal for diving. Easy to operate even when you’re wearing gloves, this striking timepiece with a bold black dial and ProDive band measures the surface interval, as well as the time and dept… |