South Carolina Mobile Home Financing Used Manufactured and MobileHome Finance Programs in SC

We’ve worked with buyers in cities and rural areas across the country to provide affordable manufactured home financing. Now more than ever, the dream of finding and financing your perfect South Carolina home is within reach. Due to improvements in quality materials and designs, manufactured homes have become affordable and an attractive option for those thinking about becoming a homeowner. For those looking to finance a mobile or manufactured home in South Carolina, you have a few options.

Let Lexington Discount Homes help you find the perfect loan. Fill out the quote form to get in contact with our team of professionals so they can best serve your financing needs. We like to think of ourselves as problem-solvers for our customers. No matter where you are in the process of buying a hom... Exceptions made for vacation homes on a case by case basis. From application to closing, all from the palm of your hand.

South Carolina Mobile Home Loans

Our minimum acceptable down payment is 5% of the selling price. This should not be confused with loan to value, also called LTV. The value is determined by appraisal or book value which will be determined by your loan underwriter. All LTV percentages include any and all fees that are financed into the loan, including taxes & insurance if applicable. As a basic rule, manufactured homes that are ten years old or newer have an LTV of 95%, mobile homes built from 1976 to 1989, have a 85% LTV. Overall, value times loan to value equals the maximum amount to finance, including all fees.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. Before securing your loan, you should decide what type of manufactured home you’re looking for.

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They allow you to finance up to 95% of the purchase value of the mobile home and the lot it will sit on. This offers many benefits and leeway for the loan taker, so, if you’re eligible, you should take advantage of this. The Rural Housing Services provide a loan under the USDA, also known as the U.S. This is for people who will have a permanent foundation and are planning to finance both their land and mobile home. Also, the rules and conditions for eligibility are very strict.

mobile home financing in south carolina

If there’s a lien on the home when you plan to de-title it, you must file an affidavit with the county’s clerk of court. Selling a mobile home in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options anywhere in South Carolina. In this post, you’ll learn how to finance your mobile home in South Carolina.

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The best South Carolina manufactured home financing rate can be obtained in most cases at a 15 year term. Eligibility is based on both the borrower and the property. For the borrower this includes credit history, income, assets, other debts and financial obligations as well as other criteria. For example this limit will be much higher in higher cost parts of the country and lower in more affordable areas.

mobile home financing in south carolina

Financing for new and used manufactured homes Built prior to 1976. Refinance and purchase programs designed to fit your needs. Our commitment to you the customer, is saving you money on ... Screened in porches are one of the most popular features of manufactured homes in South Carolina. It’s also important to contact your local county zoning commission when purchasing a manufactured home in South Carolina.

Manufactured & Modular Home Lenders Near You

E are able to offer the lowest South Carolina mobil home finance rates possible along with a Variety of South Carolina mobil home finance programs to meet the needs of a Nation. We will easily guide you through the finance process, providing you with whatever level of service you require. We offer Fixed Rate mortgages, No Pre-Payment Penalties, No Application Fees and we are Proud to be an Equal Housing Lender. Mobile homes in South Carolina also qualify for government-insured loans by FHA . Keep in mind manufactured homes that qualify for FHA are typically affixed to a permanent foundation and must pass FHA requirements. Search our wide selection of manufactured home lenders that can assist you with your manufactured home financing needs.

mobile home financing in south carolina

The majority of our SC customers live in mobile home parks and/ormanufactured home communities, where the land is leased or rented. We also may be able to provide SC manufactured or mobile home finance if the home sits on a relatives land, and once again is considered personal property. We also may be able to provide South Carolina manufactured or mobile home finance if the home sits on a relatives land, and once again is considered personal property.

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(Click Here to search for homes on Realtor.com.) After you dispose of the old home, you can move your home onto the land. You can Click Here to find for mobile home parks and their average space rent in South Carolina. SC home sales normally take 2-3 weeks, depending on if an appraisal is required. Keeping the communication channels open with your loan officer can normally always expedite the finance process.

Finding a lender that is qualified and experienced in manufactured home financing is important. These lenders specialize and understand the specifics of manufactured home lending & modular home loans. Finding a manufactured home loan does not have to be difficult; being able to compare qualified mobile home, modular home, or manufactured home lenders has never been easier. Nexa Mortgage, the largest mortgage broker in the country, has simplified the process of finding you the right lender for you and your family’s dream home.

Mobile homes to do not qualify as it’s required that the home being financed was built after 1976. These loans also require that the manufactured home in question counts as real property. The manufacturedor mobile homes that we can finance in SC are considered personal property, not real property and/or real estate. These homes are titled through SC Department of Motor Vehicles, and all escrow and/or closing functions will be handled by us, not a 3rd party escrow company, as in real estate transactions.

mobile home financing in south carolina

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