Factory-Built Financing Made Easy
Do you own a piece of land that is just waiting for your new dream home? Maybe you already own the perfect lot, but you’re not sure how to go about building a new home. Or maybe you’re just confused about how the entire modular home process works. No worries – American Home Centers is here to help! Call us today and we’ll be happy to visit your property with a prequalified package. We can provide expert guidance and advice on just how your lot can be the future spot for your new home!
“Make the right move!” Maybe you’ve found the perfect site for your new home, but you don’t know how to go about buying it. Before you choose your manufactured or modular home, get help from an industry expert to find the best piece of land. Call us and let us get to work on finding you the ideal spot you can call home for years to come.
Home Only Financing
Home Only Loans are also known as chattel loans. They are personal property loans for for the purchase or refinance of a manufactured home that is not permanently affixed to real estate. Down payment requirements can vary on Home Only loans. We can provide you with lenders, help with your application, and answer any questions.
FHA & VA Loans
If you’ve had credit challenges in the past but can repay a mortgage now, FHA modular and manufactured home loans are a great option. In many cases, these loans have lower credit score and down payment requirements. This means that past credit issues or a lack of credit will not deter you from obtaining financing right away.
The VA offers manufactured and modular home financing to active duty military, veterans, and their spouses. Similar to FHA loans, these have lower credit requirements. However, they also carry other major benefits. For instance, you may be able to purchase your new home without a down payment. Plus, you won’t have to make monthly PMI payments. Last, the VA will select the home appraiser. This means that the lender has little or no control over the appraisal process.