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We offer both fixed and variable rate manufactured & mobile home financing, no pre-payment penalties, no application fees and we are proud to be an South Carolina Equal Housing Lender since 1994. Headquartered in Las Vegas, Nevada, JCF Lending Group specializes in the financing and refinancing of mobile, modular and manufactured home mortgages in all counties throughout the State of South Carolina. While not all lenders finance manufactured homes, some may offer Fannie Mae’s MH Advantage® program, which allows buyers to finance manufactured homes over 30 years with down payments as low as 3%. To qualify, however, your home will need to fit very specific criteria. We are a home only lender, providing South Carolina mobil home financing for homes not attached to real property by way of deed or title. We do not finance South Carolina mobil homes and land, just the South Carolina mobil home.
You might even get some added benefits for owning a mobile house. You’ll have to take out less money as a loan than a traditional house. Our “Outside The Box Thinking” gets home loans approved and closed every day! From Bank Statement as Income loans to 50% debt to income ratio approvals, we do them all.
South Carolina Mobile Homes
Please direct any specific questions about financing to your lender of choice. This information is deemed to be accurate, however, this list may be updated or revised at any time, without prior notice or consent. Lexington Discount Homes is the premiere retailer of quality manufactured homes in Lexington and the surrounding areas. Our one-stop shop focuses on Quality Built Homes, Top Notch Customer Service and Strong Family Values. Yes, having us find you the bestmortgage ratesis a big deal.
There are so many different siding options available for manufactured homes. Fortunately, all manufactured homes are built to strict HUD standards, which means they are a budget-friendly choice for an area that could see strong winds and storms. Trade / Service marks are the property of American Financial Resources, Inc. DBA eLEND. For more information, please visit Some products may not be available in all states. Fixed Rate Mortgages – Take advantage of the security of knowing what your monthly principle and interest payment will be each month and that your interest rate cannot increase over the life of the loan. Even if you don’t consider your area “rural,” it’s worth checking with an eLEND home loan specialist to see if properties in your area are eligible.
List of Services
JCF Mobile Home Solutions is a licensed mobile home dealer in the state of SC and is a leading authority on South Carolina Mobile Homes. Our love for the communities we live and work in is why we do what we do. Financing your mobile home is quite similar to financing a traditional options.
Most of our customers live in mobile home parks, manufactured home communities or rented/family land situations. Mountainside Financial also offers a free South Carolina mobile home loan quote with no obligation. We offer the widest variety of programs to choose from at low interest rates. We offer mobile home loan programs to homeowners in South Carolina where the manufactured home and the land are financed separately. The majority of our customers live in South Carolina's better mobile home parks or in leased lot communities. You may also qualify for an South Carolina JCF Lending Group or South Carolina Mobile Home Loan if your home and land are not tied together by deed or title.
Mortgage Loans
The majority of our customers live in South Carolina mobil home parks or in leased lot communities. The majority of our South Carolina customers live in mobile home parks and/ormanufactured home communities, where the land is leased or rented. We also may be able to provide South Carolina manufactured or mobile home finance loans if the home sits on a relatives land, and once again is considered personal property. SC Co-Op parks are not considered real property and they are not considered personal property or Chattel, the correct term. The share gives them ownership of a percentage of the park, including the roads and common areas.
All you will need is proof that the home is energy efficient . If the home is not energy efficient, the sales tax is based on the purchase price. The home must be on a permanent foundation and cannot be located in a trailer park. Contact an eLEND mortgage professional for the most up-to-date information on USDA mortgage guidelines in South Carolina. Below we have outlined our basic South Carolina requirements and guidelines to better assist you.
We’ve streamlined the mortgage process, close in 30 days or less.
Mobile home parks don't usually have open spaces, most already have homes in every space. However, if these homes are very old, they can be very inexpensive. They expect that you'll purchase the home and dispose of it - sometimes it will even say this in the property description on Realtor.com.
Although the down payment of a chattel loan can be as low as 5%, the interest rate is fairly high. Although it’s more affordable than traditional homes, it’s still not cheap. Just like a traditional house, there are various ways to finance your mobile home, such as, a mortgage loan, chattel loan, and personal loans.
(Click Here to search for homes on Realtor.com.) After you dispose of the old home, you can move your home onto the land. You can Click Here to find for mobile home parks and their average space rent in South Carolina. SC home sales normally take 2-3 weeks, depending on if an appraisal is required. Keeping the communication channels open with your loan officer can normally always expedite the finance process.
Most people finance their mobile homes through retail installments. Lumbee Homes is happy to provide you with this alphabetized list of lenders in the area that are most likely to offer financing for manufactured & mobile homes. Provided courtesy of the Coastal Carolinas MLS. Copyright 2022 of the Coastal Carolinas MLS. All rights reserved. To qualify for a VA loan for a manufactured home, your home must be on a permanent foundation, meet HUD guidelines and must be purchased with the land underneath it; mobile homes do not qualify. Banks and mortgage brokers across the state will usually finance manufactured homes installed permanently on private land. For new manufactured homes, dealers offer their own financing .
Powerful reasons for both consumers and employees to put their trust in JCF lending Group, an Equal Opportunity Employer and Lender. Once your South Carolina Mobile Home loan is Approved, the amount of the Down payment determines the Interest Rate offered. As an example, a 10 or 20 Percent Down will offer a Better Rate than 5 Percent Down. Our terms vary from 7 years to 25 years, depending on the program you choose.
Take a look at the conditions and rules to qualify for the loan. Once the team at Lexington Discount Homes has helped you find your dream home, we can also help direct you to the multiple financing options that are available for manufactured housing. We focus on providing home buyers with infomation about mobile home parks in the United States. Mobile and manufactured homes can be put on land in a lot of places, but you have to check with the county you are going to purchase land in to find out their rules. With more than 30 years of experience in the manufactured home industry, we are committed to dismissing the myth that affordable housing has to look different.
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