| View previous topic :: View next topic |
| Author |
Message |
prestonian
Joined: 19 Sep 2006
Posts: 15
|
| Posted: Thu Sep 28, 2006 4:51 pm Post subject: Lender for manufactured homes for 580 FICO |
|
|
Can anybody help me
find a lender for manufactured homes for a 580 FICO in TX and PA
I tried accredited homelender but they dont do it
UGMC wont touch anything below 600
S O S
P.S. Also if anyone knows lenders who will do manufactured homes for scores below 580-- would be a great help |
|
| Back to top |
|
DallasLoanGuy
Joined: 26 Sep 2006
Posts: 169
Location: Dallas, TX
|
| Posted: Thu Sep 28, 2006 7:10 pm Post subject: |
|
|
have you looked at the broker outpost discussion board?
subprime mfr'd is drying up fast |
|
| Back to top |
|
TFF
Joined: 22 Aug 2006
Posts: 26
|
| Posted: Thu Sep 28, 2006 9:42 pm Post subject: |
|
|
| Try Encore. |
|
| Back to top |
|
MortgageOfficer
Joined: 30 Sep 2006
Posts: 2
Location: New Jersey
|
| Posted: Sat Sep 30, 2006 8:37 pm Post subject: Hey I can help you! |
|
|
| Hey I may be able to help you with that, and I will return to provide a little more info here, and I may have some questions. |
|
| Back to top |
|
Haplo
Joined: 20 Jan 2005
Posts: 2422
Location: Springfield, IL
|
| Posted: Sun Oct 01, 2006 5:38 pm Post subject: |
|
|
| It sounds to me like they're looking for a lender, not a broker. You may want to identify yourself a bit more appropriately. |
|
| Back to top |
|
RobynG
Joined: 03 Oct 2006
Posts: 2
Location: Minneapolis, MN
|
| Posted: Tue Oct 03, 2006 1:24 am Post subject: |
|
|
US Bank will do 70% w/ 560. Also check out FHA financing. I have had a few homeowners quailify that way, max LTV 85%.... Credit has to be DECENT! Guidelines are strict!
Good Luck!!
Robyn G.
Mortgage Loan Officer
Minneapolis, MN |
|
| Back to top |
|
Haplo
Joined: 20 Jan 2005
Posts: 2422
Location: Springfield, IL
|
| Posted: Tue Oct 03, 2006 4:41 am Post subject: |
|
|
| Max LTV on FHA is *not* 85%. |
|
| Back to top |
|
chow
Joined: 22 Jan 2005
Posts: 2350
Location: Cornfield County, Indiana
|
| Posted: Tue Oct 03, 2006 9:20 am Post subject: |
|
|
"Also check out FHA financing. I have had a few homeowners quailify that way, max LTV 85%.... Credit has to be DECENT! Guidelines are strict!"
97% LTV and no scores required. You do have to prove you have the ability to make payments in a timely manner, and any previous sluggish credit was something that will most likely not happen again. We even take alternative credit to build a credit history. Please visit my site and look for a Title 1 approved lender. (manufactured housing falls under title 1)
http://www.hud.gov/ll/code/llplcrit.html |
|
| Back to top |
|
Haplo
Joined: 20 Jan 2005
Posts: 2422
Location: Springfield, IL
|
| Posted: Tue Oct 03, 2006 1:02 pm Post subject: |
|
|
| The foundation will have to be inspected by a licensed engineer, unless the property currently has an FHA loan on it. That can be fairly costly, but that's pretty much about the only difference. |
|
| Back to top |
|
darkstar
Joined: 27 Oct 2006
Posts: 58
Location: Hodgenville, KY
|
| Posted: Sun Nov 05, 2006 11:06 pm Post subject: |
|
|
| I keep getting error messages on the website you linked in your post...Should be a great resource, thanx! |
|
| Back to top |
|
Mac
Joined: 04 Feb 2005
Posts: 276
Location: Knightdale, NC
|
| Posted: Mon Nov 06, 2006 12:33 am Post subject: |
|
|
http://www.equityone.com/PFS/Documents/Wholesale_NE_Residential_Rate_Sheet_PFSweb.pdf
Popular Financial Services 570 midscore to 80% LTV.
I hope this helps. |
|
| Back to top |
|
| |
