MANUFACTURED HOUSING

• Doublewide Only- no exceptions
• Must be on a permanent foundation
• 1974 or newer
• Must be at least 20 feet wide and have a minimum of 600 square feet of gross living space
• Purchases – 90% LTV
• Refinances – 90% of appraised value for Cash Out.
• Minimum loan amount of $25,000
• PMI if over 80% LTV
• Term of 15 or 20 years (maximum of 20 years)
• 7/1 year ARM
• Monthly, weekly or biweekly payments