Modular Home Loans: Since the banking meltdown of 2008, most banks cut back on doing loans that they considered “risky”. This, unfortunately, included all types of manufactured (MFG) homes and double-wide homes. Access to MFG home loans became nearly nonexistent as a result. Most banks still do not want to go outside of the world of stick-built homes.
As an independent lender, The Mortgage Doctor continued to offer loans to buy and refinance modular homes. All types of financing are now available including FHA, VA, Conventional, purchases, refinancing, debt consolidation, and cash out loans.*
We can now provide traditional financing for modular homes in Colorado–hard to find out there!
Steve can help you get a modular home loan, refinance your modular home, or get a reverse mortgage on your modular home. Because he’s independent, Steve can do things the big box banks can’t. Call him today to find out how he can help you!
*Provident Lending can only provide financing for modular homes in Colorado if you own the land your home is on. We cannot provide financing for homes on rented or leased land. We can no longer provide financing for single-wide homes.