Mobile Home Loan Details!
Mobile homes are built stronger and made to last longer than in years past, making them the top choice of many home buyers. That’s exactly Section 705 FCU is now offering excellent Mobile Home Loans!
Mobile homes are now the home of choice to many, not only because of the affordability, but also because of the quality in appearance and construction. For our members with this preference, Section 705 FCU will finance up to 90% of the total selling price (including tax, title and license fees) on a New Mobile Home. We offer terms up to 20 years (240 months) with a maximum amount financed of $50,000. We will also finance up to 80% of the appraised value of Pre-owned Mobile Homes up to 15 years old (180 months), if property is put up as collateral otherwise would finance for only 70%.
(NOTE: Used Mobile home applications must be submitted with a book value in writing from a licensed reputable dealer or certified mobile home appraiser.)
Regardless if you’re interested in a New or Used Mobile Home, we’re sure that we’ll have a loan to fit your needs. To apply for a loan, click here or contact us at your convenience to sit down with one of our awesome Lending Department! We look forward to getting you into the home that will be perfectly suited for you.
Posted in: Mortgage Loans