Hellow guys, Welcome to my website, and you are watching Land/Home Loans for Mobile Homes. and this vIdeo is uploaded by Braustin Homes at 2019-05-14T11:20:37-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Land/Home Loans for Mobile Homes |
| Video Uploader | Video From Braustin Homes |
| Upload Date | This Video Uploaded At 14-05-2019 18:20:37 |
| Video Discription | With so much beautiful land to build on here in Texas, land and home packages are a popular choice for buying a new mobile home. In this week's episode we review land/home financing options to help you decide which path makes the most since for your new home. Land and home financing for mobile homes can really be broken down into two main categories: Conventional Loands and Government backed loans like FHA, VA, and USDA mortgages. With conventional land and home loans, the banks are using their own money to offer financing on your new mobile home so they get to make the rules as to the requirements for your loan. Often times this is a good way to save money on your new mobile home if you are handy and can complete some of the site work like decks and skirting for your new mobile home. USDA and VA home loans offer a great path to financing a new mobile home with little to no down payment. To qualify for a VA home loan you must have actively served in the US military for a period of at least 3 years and have a VA certificate in good standing. To qualify for a USDA loan, the property you are wishing to build your new mobile home on must be outside city limits in a zone approved by the USDA. FHA home loans are a great, low down payment option for first time home buyers looking to purchase a piece of property and a new mobile home. The FHA loan as well as the other two government backed loan options have specific requirements for building the new mobile home such as an engineered concrete foundation as well as FHA certified decks. |
| Category | Entertainment |
| Tags | mobile homes | fha loans | va loans | usda loans | mobile home financing | mobile home | manufactured home | braustin mobile homes | land home loans | manufactured home financing | mortgage loans for mobile homes | mortgage loans for manufactured homes |
