MOBILE HOME DEALERS
Has the disappearance of traditional lenders for manufactured housing hurt your sales?
Are you looking for lenders to
finance your sub prime (poor credit) buyers?
Before you go too far into this page
it is imperative that you understand:
"We do not lend money"
We do not finance mobile home buyers. That's not what we do. We buy existing dealer or private seller financed notes created from the sale of a mobile home with land only.
PRIVATE SELLERS
If you have sold a land/home package (a mobile home legally affixed to land) the most important criteria is the age and size of the home.
Should you find you have to carry in-house financing to facilitate the sale, we can provide capital from the note through a full or partial purchase. The discounts on mobile home
paper are significant.
We've paid as high as .75/$ and as low as .30/$...every pool is different HOWEVER as stated above:
"...due to tremendous over supply of mobile home paper, mobile home pools are typically trading in the .65/$ range...".
