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Used in conjunction with PropertyRadar’s 200-plus discovery criteria, brokers can identify local home and property owners that stand to benefit the most from broker-led financing products and services.
Is it hard to get a mortgage for a mobile or manufactured home? No, but it is different. Loans for manufactured homes come from Fannie Mae and Freddie Mac, two agencies that write the rules for.
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Joel Olson, a DLC Mortgage experts mortgage broker in Kamloops, B.C., has also had clients refinance at 12% and pay a $4,000 fee because "that was the best and cheapest option of everybody out there." He added that the restrictions aren’t unique to mobile homes, but can also include small.
Using a mortgage broker to help you find a home loan could potentially save you time and money. We give you the lowdown on how it works. Finding a great home loan is easier with the right support. Call 13 19 20 to speak with one of iSelect’s qualified mortgage brokers and start comparing home loans.
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Moveable mobile homes can still be financed, just not with home mortgages. One option is a personal loan, which is not attached to the property. The FHA backs loans for mobile home vehicles with its Title I program. Interest rates are negotiated between borrowers and private lenders offering this loan.