Mortgage Forums Forum Index

modular on a foundation -lender??
Click here to go to the original topic

 
       Mortgage Forums Forum Index -> Finding a Lender
View previous topic :: View next topic  
Author Message
studentdone



Joined: 15 Apr 2006
Posts: 13

Posted: Sun Jun 11, 2006 4:25 pm    Post subject: modular on a foundation -lender??  

Never considered a modular home before, but we are entertaining this issue since we have seen one going up.

We are looking at a modular log home where they deliver in two pieces placed on our foundation. We would like to purchase the land and the modular at one closing..... Possible???

Mid FICO score is 736.
Back to top  
Haplo



Joined: 20 Jan 2005
Posts: 2422
Location: Springfield, IL

Posted: Sun Jun 11, 2006 11:15 pm    Post subject:  

Yes.
Back to top  
BECCA9892003



Joined: 20 Jan 2005
Posts: 400
Location: Altoona, PA

Posted: Tue Jun 13, 2006 5:44 pm    Post subject:  

construction loan....m&t does not require log home comps either....good place to start
Back to top  
chow



Joined: 22 Jan 2005
Posts: 2350
Location: Cornfield County, Indiana

Posted: Tue Jun 13, 2006 11:30 pm    Post subject:  

I love M& T Mortgage. They are wonderful!

They did my 203K when I first started out. They do a wonderful job with all kinds of construction, rehabs and they do all of the programs. I can even brag on the servicing, the 203K work outs and the broker relationships they have.
Back to top  
BECCA9892003



Joined: 20 Jan 2005
Posts: 400
Location: Altoona, PA

Posted: Fri Jun 16, 2006 5:30 pm    Post subject:  

yes i agree and with the modulars i have doen with them i can honestly say from a brokers point of view that they are a piece of cake..they really do make the process easier...and our reps helps with that alot....
Back to top  
 
       Mortgage Forums Forum Index -> Finding a Lender
Page 1 of 1


Copyright 2004-2005 Mortgage Forums