Manufactured Home Loans
Mobile Home Loans
Manufactured Home Lender and Mobile Home Loans specializing in manufactured and Mobile home loans. We provide the most competitive rates for affordable housing, whether you’re buying for the first time or looking for a better refinancing program
LOAN APPLICATION QUICK APPLY
When seeking a Manufactured Home Loan or a Mobile Home Loan, look no further than CambridgeHomeLoan.com for unparalleled financing solutions tailored to your needs. Our comprehensive range of manufactured home loan options ensures swift access to capital for bridging financial gaps to give you time to maximize your income.
Our manufactured and mobile home loan programs include:
• Fixed rates loans
• No pre-payment penalties
• No land required
• Financing for homes located within a Park or Community
• Financing for new and used manufactured homes
• Permanent or nonpermanent foundations
• Primary, Secondary, Investment, and “Buy-For” (purchase for someone else)
• Closing costs and most third party fees may be financed
• Used Manufactured Homes (person-to-person) type transactions must be ready for immediate occupancy. Move‐In Ready condition at permanent location required. No Rehab loans available or financing available for homes that have to be moved.
Mobile Home Financing – Manufactured Home Financing
Manufactured Home Loans Q&A
RENTING VS BUYING COMPARISON
CAMBRIDGEHOMELOAN.COM MOBILE HOME AND MANUFACTURED HOME LOANS
Fast Approvals
Streamlined Underwriting
Approval in 24 Hours
Close in as little as 3 days
Reliable Partner
In House Capital
30+ Years of Experience
Direct Private Lender
Easy Process
No Appraisal Required
Tax Returns Not Needed
No Minimum Credit Req.
The Home Loan Process
FINANCIAL SELF-ASSESSMENT AND PREPARATION
Create a Budget: (Refer back to page 1) Assess your monthly spending habits. Add up total monthly bills and subtract it from your monthly income. Do you have enough left over for a new payment? Assess Your Credit Score: If your credit score is lower than you would like, work toward building up your credit. Develop a Savings Plan: Saving a small amount every month for a year is a good way to save enough for a down payment for your dream home. If you have any questions on credit or budget reach out to CambridgeHomeLoan.com.
2 SELECT YOUR HOME
Select your dream home Sign a purchase agreement with the seller Your processor will order a home appraisal if needed and will provide you with a copy of the appraisal SATISFY LOAN CONDITIONS Submit all information requested on your approval notice to your MLO Generally, information requested consists of proof of employment, income verification and the source of any required down payment Once all required information requested are approved by your MLO, CONGRATULATIONS! You’re approved and are ready to close on
your loan
3.APPLY FOR A LOAN
Documents typically needed to complete a home loan application might include:
Proof of Income: most recent paystubs
Proof of Employment: past 2 year history
Proof of Residency: current street & mailing address
Proof of Identity: current driver’s license or state
issued ID & social security card
Origination: When you submit your credit application, a mortgage loan originator (MLO) will review the loan request. If an approval can be issued, the MLO will contact you to discuss the terms of the approval and explain any required conditions. If the application cannot be approved as requested, the MLO will advise of any other options to help get you approved. Underwriting: Credit risk is determined based on credit score, income, existing debt, down payment and the current principal/interest payment, along with taxes and insurance.
5. APPLY FOR A LOAN
Documents typically needed to complete a home loan application might include:
Proof of Income: most recent paystubs
Proof of Employment: past 2 year history
Proof of Residency: current street & mailing address
Proof of Identity: current driver’s license or state issued ID & social security card
The final step of the home loan process
Titling is finalized with the title company
Closing documents are signed
Closing costs are paid
Investment Loan Products
Mortgage Loans Built for Real Estate Investors
Whether you buy and hold, fix and flip, or build to rent,cambridgehomeloan.com has the capital for your investment needs
The nations #1 Lender for Fix and Flip and Fix To Rent Investment Loans
Fix & Flip Loans 90% LTV and up to 100% of Rehab costs.
Fix To Rent Loan DSCR Loans
-
- 1-500+ properties
-
- Single-family, 2-4 units, condos, townhomes, multifamily
-
- Up to 3 year Bridge Loans
-
-
- Refinance & Cash Out Up to 40yr Amort.
- Up to 100% of rehab
-
-
- Up to 75% of completed value
-
- $70,000 – $250 million
Fix And Flip Loan Rehab Loans
Single-family, 2-4 units, condos, townhomes, multifamily
- 12 To 24 month terms
- Up to 90% of Purchase Price
- Up to 100% of rehab
- Up to 75% of completed value
- $100,000 – $200 million
BRRRR Loans
- $100,000 – $200 million
Multi-Family Bridge Loan /
Commercial Real Estate
- 1-1000+ properties
- Multifamily, Mixed use w/ majority residential
- Ground Up Construction
- 12, 24 mo., 5,10,30,40 year terms
- Up to 100% of Cost
- $1M – $250M
- Bridge Loans, Construction Loans,
Permanent Loans, Refinance, Cash Out Refinance Loans,
- Bridge Loans, Construction Loans,