The final week to qualify for the $8000 first time homebuyer tax credit and $6500 credit is ending this week. That means there are a lot a agents working long hours over the next few days getting offers accepted.
As one of the few lenders offering manufactured home financing, the phone has been ringing off the hook with agents looking for financing for their clients.
One of the great things about specializing in manufactured home loans is that, unlike a lot of mortgage loan officers that only work with a few realtors, I tend to work with a lot of them. Some will use my team for a manufactured home loan and then go back to their regular mortgage people after that, and occassionally...someone likes our service enough that they start sending all of their business our way.
Rates today for manufactured homes are still at 5.25% for FHA and 5.375% for conventional. All with no origination fee, no points and no underwriting fee.
That's all I have time for today, busy week ahead!!
Monday, April 26, 2010
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