Manufactured Homes - Conventional

  • September 27, 2018

CMG Financial offers your borrowers the choice to finance cost effective living, making the American Dream possible for both traditional and manufactured homeowners!

Conventional Conforming Manufactured Homes Product Highlights include:
  • 95% LTV max on a Fixed Rate, Primary Residence, Purchase & Rate Term Refinance with a 620 FICO
  • 90% LTV max on ARM on Primary Residence, Purchase & Rate Term Refinance with a 620 FICO
  • Cash Out available on Primary Residence - max term 20 years, fixed rate only
  • 7/1 and 10/1 ARMs permitted

 

Manufactured Home Checklist: http://bit.ly/ManufacturedHomeChecklist

Government Financing for Manufactured Homes Guidelines: http://bit.ly/ManufacturedHomeGuide

 

See our Conventional Conforming Manufactured Homes Eligibility Matrix below for more details:

Purchase & Limited Cash-Out Refinance 1 Unit                      FRM: 95%  
ARM: 90%
Cash-Out Refinance (Fixed Rate Only)   1 Unit
Term <= 20 Years 
FRM: 65% 

Purchase & Limited Cash-Out Refinance 1 Unit                      FRM: 90% 
ARM: 80%

 

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