Mobile Home Oklahoma Loan - Modular
| Today Lending offers mobile home financing for double-wides. Homes must be on a permanent foundation and newer than 1978. Mobile home loans are notoriously difficult loans to underwrite. The homes have to more resemble a traditional home than a mobile home. Modular homes are acceptable under all of our programs. The terms are used interchangeably so be careful to classify the home correctly. A manufactured/Mobile home has a title and a tag. Even though the tag may be removed it is still considered a mobile and a structural engineer will inspect the home to verify. The easiest way to tell is to look underneath. If the I-beams are running down the length of the home it is mobile. Modular homes are supported on the exterior walls. |
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