Manufactured home loan programs are designed to help people purchase or refinance homes that are built off-site and transported to a specific location. These homes are also known as mobile homes or trailers.
Pros:
1: Lower down payments: Manufactured home loans often require lower down payments than traditional home loans.
2: Easier to qualify: Because manufactured homes are generally less expensive than traditional homes, it may be easier to qualify for a loan.
3: Affordable: Manufactured homes are often more affordable than traditional homes, making them a good option for people on a budget.
4: Faster to build: Manufactured homes can be built and transported to a specific location much faster than traditional homes.
5: Energy-efficient: Many modern manufactured homes are designed to be energy-efficient, which can save homeowners money on utility bills.
Cons:
1: Higher interest rates: Manufactured home loans often have higher interest rates than traditional home loans.
2: Depreciation: Manufactured homes typically depreciate in value more quickly than traditional homes.
3: Limited financing options: Not all lenders offer manufactured home loans, and those that do may have stricter eligibility requirements.
4: Resale value: Because manufactured homes are often seen as less desirable than traditional homes, they may be harder to sell.
5: Land ownership: If the homeowner does not own the land on which the manufactured home is located, they may need to pay additional fees or face other restrictions.
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Testimonials
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"Dale has been of great benefit to our VA Home Mortgage planning, saving us time and money. I fully recommend him."Ron M.Ron M.55stars"Dale has been of great benefit to our VA Home Mortgage planning, saving us time and money. I fully recommend him."
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Carlos & Aubrey R.
2023-03-17"Buying a home is incredibly stressful, and for someone without a financial background securing a mortgage is the most confusing part. For some crazy reason we have put ourselves in the buying/selling position multiple times in the past 5 years...
Carlos & Aubrey R.Carlos & Aubrey R.55stars"Buying a home is incredibly stressful, and for someone without a financial background securing a mortgage is the most confusing part. For some crazy reason we have put ourselves in the buying/selling position multiple times in the past 5 years...
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Steve & Shanon M.
2023-03-17"We were looking at available options for possibly selling or refinancing our home. We initially tried working with our financial institution, but became frustrated at their inflexibility & disorganization. We decided to reach out to Dale b...
Steve & Shanon M.Steve & Shanon M.55stars"We were looking at available options for possibly selling or refinancing our home. We initially tried working with our financial institution, but became frustrated at their inflexibility & disorganization. We decided to reach out to Dale b...
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Emily M.
2023-03-17"I have been working with Dale for 21 years. He has taken part in the purchase of each of my properties both personally and professionally. He always responds quickly and with concise instructions on what is needed for my next investment. Throu...
Emily M.Emily M.55stars"I have been working with Dale for 21 years. He has taken part in the purchase of each of my properties both personally and professionally. He always responds quickly and with concise instructions on what is needed for my next investment. Throu...
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Valerie G.
2023-03-26"I confidently endorse and recommend working with Dale DeShaw. I have been fortunate to work with Dale three times in the past five years for financing and refinancing properties and not only has it had a positive financial yield but it was a p...
Valerie G.Valerie G.55stars"I confidently endorse and recommend working with Dale DeShaw. I have been fortunate to work with Dale three times in the past five years for financing and refinancing properties and not only has it had a positive financial yield but it was a p...
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Chris H.
2023-04-14"I have had the great fortune to be able to work with Dale several times over the last 20 years. Dale patiently walked us through our first home purchase, then a refinance when the rates dropped to the purchase of a brand new home. Dale always ...
Chris H.Chris H.55stars"I have had the great fortune to be able to work with Dale several times over the last 20 years. Dale patiently walked us through our first home purchase, then a refinance when the rates dropped to the purchase of a brand new home. Dale always ...

