The World is My Domain - Welcome to MaryBeth Mills Muldowney's World: Mobile Home financing in Massachusetts

Mobile Home financing in Massachusetts

Thinking of purchasing a Mobile Home in Massachusetts?

Now is the time to begin planning for 2013.

Not ever lender will lend on a Mobile Home, oh yes some of them are very lovely and in great settings too.

It has nothing to do with the quality of the construction it has to do with the fact that a mobile home is not considered REAL PROPERTY or real estate as we know it.  It is considered personal property, similar to a motor vehicle, trailer, boat, all personal property. 

Below I have listed three top choices in obtaining financing for mobile homes in Massachusetts:

First Credit Corp, PRI Loan and AFR Mortgage for your review.

 
 
 
If now is the time for you to be considering this move, please give me a call and I will be happy to review with you the steps to take in the sale of your existing home and what is important to look for in the details of purchasing your new home.
 
Regards MaryBeth Mills Muldowney, TradeWinds Realty Group llc
my direct cell is 781-910-7294 or 508-830-0300 or 617-921-3636

MaryBeth Mills Muldowney, Massachusetts Real Estate Broker and Licensed Auctioneer

"The pessimist complains about the wind. The optimist expects it to change.

The Leader adjusts the sails." -John Maxwell

Founder and President, TradeWinds Realty Group LLC

www.TradeWindsRealtyGroup.com

MaryBeth@TradeWindsRealtyGroup.com

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781-681-9959 Norwell office   508-746-5559 Plymouth office   781-910-7294 cellular

Comment balloon 3 commentsMaryBeth Mills Muldowney • December 11 2012 08:08AM

Comments

I have only help a seller on one mobile home in our area.  Financing was an issue. 

Posted by Elite Home Sales Team, A Tenacious and Skilled Real Estate Team (Elite Home Sales Team OC) almost 6 years ago

We have the same issue here in finding financing on mobiles.  We also keep a list of those companies that do financing.

Posted by Edward & Celia Maddox, EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD (The Celtic Connection Realty) almost 6 years ago

It is a real issue here in Massachusetts.  Buyers who have been associated with a bank for a long term sometimes take offense when their lifelong lender refuses to lend on this type of home purchase and it is important to know it has nothing to do with them, (sometimes they think it is  their age) or their finances it is all about it not being a real piece of property and the bank or institution just does not have the proper vehicle for them to make the purchase.

Of course then we do get into qualifying the mobile home too with age etc for financing, oh that's a topic for another blog!

thanks MaryBeth

 

Posted by MaryBeth Mills Muldowney, Massachusetts Broker Owner (TradeWinds Realty Group LLC) almost 6 years ago

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