Spec Manufactured Land/Home (licensed retailers only -- no consumers)
- 70% w appraisal
- 10% Loan-To-Cost down (10% of purchase price + repairs) NOTE: Repairs will still be rolled into the loan
- 6 Month Loan Term
- 13.88% Interest Rate (lower with experience and good credit)
- 4 Points Origination ($2,000 Minimum)
- Up to 70% LTV
- Docs required (DL, SSN, bank statements, experience sheet, GC information, entity docs, pull credit, RBI licensing info)
- $520 appraisal fee at application
Property Tax Sale Lending
- We have several programs based on your experience and financials
- Call Craig for details