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So, it’s easier for someone to finance it through a personal loan, contrary to a mortgage or some special loan. You’re usually not required to provide collateral for a personal loan. IDX listing data provided courtesy of Consolidated MLS - Columbia, SC The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. It is best to contact a lender about a mobile home loan when you start to look for a new home. They are going to go over your finances with you and tell you the amount you are pre-approved for.
An example of this would be if you own your land outright, or if your home is on family or friend's land. Please note that eLEND only offers South Carolina mobile home loans for singlewide or doublewide manufactured homes on owned land. With competitive rates and a team of home loan specialists at your service, more and more South Carolinians are discovering how easy it can be to finance a mobile home with eLEND. Mobile Home Loans– Interested in purchasing a doublewide mobile or manufactured home or refinancing your singlewide? We offer excellent South Carolina mobile home loans throughout the State with low rates and competitive terms.
CAROLINA MOBILE HOME LOANS BY
The majority of our customers live in mobile home parks and leased lot manufactured home communities. JCF Lending Group offers South Carolina mobile home financing for used and/or pre-owned manufactured & mobile homes. We offer the lowest SC mobile home financing rates possible, to meet the need of South Carolina homeowners. We will easily guide you through the SC manufactured or mobile home financing process, providing you with whatever level of service you require. 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 SC Equal Housing Lender since 1994. We offer the lowest South Carolina mobile home financing rates possible, to meet the need of South Carolina homeowners.
JCF Lending Group offers SC mobile home financing for used and/or pre-owned manufactured & mobile homes. We are a home only South Carolina lender, providing manufactured & mobile home financing for homes not attached to real property by way of deed or title. You may also qualify for a JCF Lending Group SC mobile home finance loan if your home and land are not tied together by deed or title. JCF is a unique lender in that we only finance the manufactured, mobile, or modular home, not the land it sits on.
South Carolina Manufactured or South Carolina Mobile Home In-Park Loans
The land sitting under a manufactured home in a Co-Op park is not owned by the home owner, but rather all share holders in the park. So, for example, if the park has 300 homes, the ownership of the park is divided up into 300 shares. Because of the multiple owners of the land, we would need each shareholder's permission to accomplish this, which is not feasible.
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.
Titling Your New Mobile Home
We will provide all closing instruments, to include a purchase agreement and South Carolina closing statements. JCF Lending Group has no specific foundation requirements in South Carolina. Chattel loan is a special kind of loan for mobile homeowners. This is the most popular financing option for mobile homes. This allows them to lease the lot on which their mobile home sits.
Financing for new and used manufactured homes Built prior to 1976. Refinance and purchase programs designed to fit your needs. Our commitment to you the customer, is saving you money on ... Screened in porches are one of the most popular features of manufactured homes in South Carolina. It’s also important to contact your local county zoning commission when purchasing a manufactured home in South Carolina.
If the South Carolina Manufactured Home is in good condition and there is a sufficient amount of Equity in your home, additional programs such as an Equity Cash-Out and Debt Consolidation can be an option. Our Staff will quickly ascertain whether South Carolina Mobile Home Refinancing will be beneficial. We also have "Live Help" operators standing by 24/7, helping both existing and new customers get the answers to the questions they may have, all in real time. All persons applying must live in the home with the exception of vacation homes. In the state of South Carolina, there is a $300 cap to the sales tax you owe if you buy an energy efficient mobile home.
Unfortunately, due to Fair Lending Practices, all consumers, based on their credit worthiness and the home they wish to purchase are given the same rate and applicable fees. JCF Lending Group offers the lowest rate & fee combination in the industry. This could not be accomplished by adding thousands of dollars to your new SC mortgage to pay commissions to a mortgage broker. Indian Reservations in SC are unique as the true ownership of the land is the Tribe, similar to a Co-Op park. As the tribe grants you land, they retain the ultimate ownership of that land and access to the reservation. In the past, we have made SC financing loans in reservations with the agreement of the tribal counsel that we could enter the reservation and/or property in the event of default.
We finance the mobile home, not the land, so we are not concerned about the home being tied to the land by way of foundation. There are many different reasons to refinance your manufactured home. At Mountainside Financial we offer several different South Carolina mobile home loan programs to help you take control of your finances.
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.
While not all lenders provide mortgages for mobile homes, some do, and they provide great service. The biggest advantage you get from applying for a mortgage is – you get qualified for notably lower interest rates, better repayment terms, and tax deductions. The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Sumter Board of Realtors. Listings held by brokerage firms other than Zillow, Inc are indicated by detailed information about them such as the name of the listing firms. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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