Manufactured homes are a great value for buyers looking for flexibility and mobility in a primary or secondary residence. Today’s manufactured homes aren’t just affordable – they’re also attractive and rich in features. They’re also not confined to rural areas, but are common in resort and retirement destinations.
Maximum flexibility and convenience for buyers of manufactured homes.Manufactured Home Mortgage
Features and Benefits
• Cost effective
• Continued mobility and options available
• Purchase and limited cash-out refinance (cash-out refinance allowed)
• FRMs and ARMs (7/1 and 10/1)
• Owner-occupied/primary: 95% LTV/CLTV
• Second home: 90% LTV/CLTV
• Owner-occupied primary residence, up to 65% LTV with a 20-year term
• Up to 30 year term available
Calculate monthly payment and amortization.
Programs available to qualified borrowers only. Some Restrictions may apply. Programs subject to change without notice. Contact eLucid for more information.
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Applying for a mortgage to purchase or refinance a home is simple with eLucid.
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