Peoples Mortgage has Financing Options on Manufactured Housing
- Manufactured Housing is defined as any dwelling unit built on permanent chassis and attached to a permanent foundation system
- 80% loan to value
- 640 Minimum Credit Score
- 1 Unit Primary Residence or 2nd Home...NO single width homes allowed and no investment properties
- Fully Amortized 30 or 15 Year Fixed Rate Products
- Purchase or Rate & Term Refinances...no cash out refinances allowed
- Foundation must be inspected by a licensed professional engineer validating that the foundation meets all the FHA/HUD codes for Manufactured Housing transactions
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