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Go Back   Mortgage Forums for Mortgage Brokers > Mortgage Business > Loan Scenarios and General Mortgage Talk

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  #1 (permalink)  
Old 08-28-2006, 12:20 PM
jbams9190 jbams9190 is offline
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Join Date: Aug 2006
Posts: 2
jbams9190 is on a distinguished road
Exclamation Need SubPrime Lenders for Manufactured Homes

I have two loan scenarios that I could use some help with.

611 mid score
$165,000
Currently renting from owner and wants to buy.
Appraisal and inspection complete
DTI too high for FHA - Need 50-55%
Property is in Ohio



620 mid score
Wants to buy a lot and place manufactured home on it. Lot already has septic and utilities for $38K. Need additional 110K for home and sitework.
Property is in Ohio

Any ideas would be greatly appreciated.
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Old 08-28-2006, 01:48 PM
GeorgeWBooth GeorgeWBooth is offline
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Join Date: Aug 2006
Location: Ohio
Posts: 63
GeorgeWBooth will become famous soon enough
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jbrams9190,

Here is my short list:




Aaron Financial Services
Memphis
TN

Datacomp Appraisal Systems
Grand Rapids
MI

First Home Financial, Inc.
Grand Rapids
MI

Housing Financial Group, Ltd.
Milford
OH

Manufactured Housing Insurance Services
Orange
CA

Mobile Home Lending Corporation
Burlington
VT

Priority Funding, LLC
Northboro
MA

Santiago Financial, Inc.
Tustin
CA

Western Finance, Inc.
Aurora
CO

Whitcomb Real Estate
Tampa
FL


Santiago Financial 1-888-226-9980; Ken Logan
Manufactured Home Mortgage 1-916-861-2292
(Modular Homes)mhmloan.com
Oak Street Mortgage 1-619-549-9138;Monica Tyler
United General Mortgage Crop. 1-888-919-8462x208/610-332-1079; Joe Nicklas
Origen Wholesale Lending 866-880-3369
Centex Home Equity 1-888-236-8391
MH-Direct 843-559-7099 (Richard Cooper Consulting)
Northpointe Lending 866-633-1643
Mike@nxtloan.com 617-232-9000x120
21st Mortgage Corp. 800-955-0021
St.Cloud Mortgage 1-877-653-3276 (Fred)
Popular Financial Servces 977-533-6396/323-4971224 (Joshua)
www.jcfinc.com
www.westfi.com
Nationstar. 949-588-6600x3026-Lisa
LIBAM Mortgage 800-520-5262x335
Cooper consulting group Coopercash@earthlink.net
Ann Marie Mortgage Consultant, 1-619-546-5700
http://www.worldnetcapital1.com/manufactured.html


Hope this helps you out. And of course if you need a top notch title company....

George


-Dedicated to closing you ON TIME
-Up to date online order tracking
-Fastest turn time
-Unparalleled service
-Licensed in 34 states
-Guaranteed pricing
-Construction, Commercial, Residential
-Specializing in complex transactions;
Investors, Hard Money, Dry Closes,
Multiple Properties, Mobile Homes,
Jumbo and Super Jumbo loans


George W. Booth
National Sales Director
Contemporary Title Solutions
20 E. McDermott Drive
Allen, Texas 75002
216-373-6859
gbooth@ctsinsurance.com
www.ctsinsurance.com
__________________
George W. Booth
Contemporary Title Solutions
www.ctsinsurance.com gbooth@ctsinsurance.com
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  #3 (permalink)  
Old 08-29-2006, 05:40 PM
Greg's Avatar
Greg Greg is offline
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Join Date: Dec 2005
Location: Chillicothe, Ohio
Posts: 2,179
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Excellent post. Maybe we will make a sticky Manufactured Housing section eventually. That will drive a lot of search response I bet.
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Greg Phillips
Manager
Fairfield Mortgage Company
Web : Home Forums Blog
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Old 08-30-2006, 10:27 AM
sub500 sub500 is offline
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Join Date: Dec 2005
Location: La Jolla
Posts: 82
sub500 will become famous soon enough
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I have a list of lenders also shoot me an email





Dwayne Greenfield AE.
Sub500 Mortgage Inc.
dgreenfield@sub500mortgage.com
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